2 × 1-bed flat + 2 × 2-bed flat · E5 9RY
For saleListed 15 days
Opportunity summary
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About
Freehold investment opportunity – three self-contained flats – harrington hill, E5 Goldmove Properties are delighted to present this rare freehold investment opportunity situated on Harrington Hill, E5, in the heart of Hackney.
The building comprises three self-contained residential flats arranged over multiple levels, consisting of two spacious two-bedroom apartments and one one-bedroom apartment.
The property is currently fully let and producing a combined rental income of approximately £58,200 per annum, with the current rents considered below prevailing market levels, offering investors immediate scope for future rental growth and enhanced returns.
The accommodation is presented in fair to moderate condition throughout and has been successfully let for a number of years.
The property would suit both experienced investors seeking a long-term income-producing asset and those looking for an opportunity to add value through refurbishment and rental optimisation over time.
Located within a highly sought-after pocket of Hackney, the property benefits from excellent transport links, local amenities, green spaces and strong tenant demand, making it an attractive addition to any investment portfolio.
Investment Highlights: Freehold block comprising three self-contained flats Two x two-bedroom apartments One x one-bedroom apartment Fully tenanted producing approximately £58,200 per annum Current rents considered below market levels Potential for future rental growth and yield improvement Well-positioned within a popular East London location Excellent transport links and local amenities nearby Ideal buy-to-let investment opportunity Guide Price: £1,300,000 Current Income Schedule Flat 1 (2 Bed): £1,850 pcm Flat 2 (2 Bed): £1,750 pcm Flat 3 (1 Bed): £1,250 pcm Total: £4,850 pcm (£58,200 pa)
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 22, Harrington Hill, London
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