Freehold mixed-use block, retail and 38 apartments, East London
- £14.8m
- Lot size
- 5.2%
- Net initial yield
- Freehold
- Tenure
- 38 + 4 retail units
- Apartments
- 9.4 years
- Retail WAULT
- Core-plus
- Strategy
Overview
A freehold mixed-use building in Zone 2 East London, with ground-floor retail on long leases and 38 private rented apartments above.
Investment case
Diversified income across retail and residential.
Retail let on long leases with upward-only rent reviews.
Asset-management upside through apartment refurbishment.
Financials
| Lot size | £14.8m |
|---|---|
| Net initial yield | 5.2% |
| Tenure | Freehold |
| Apartments | 38 + 4 retail units |
| Retail WAULT | 9.4 years |
| Strategy | Core-plus |
Indicative figures from MCG’s analysis. Full model available on request.
Location
Zone 2 East London, within a short walk of an Elizabeth line station.
Opportunity enquiry
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Information is provided for general guidance only and does not constitute financial, legal or tax advice. Figures are indicative and subject to verification. Capital is at risk and property values can fall as well as rise.