£2,500,000
Block of flats for sale
Property photos
Offers over
£2,500,000
(£342.65/sq. ft)
Block of flats for sale
Langthorne Road, London E11Local area information
Property location
Nearby amenities
- Downsell Primary School 0.2 miles
- The Jenny Hammond Primary School 0.3 miles
- Leyton 0.3 miles
- Leytonstone High Road 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for East Village, Stratford and Cann Hall to find out more about the local area.
Features and description
Accommodation is arranged as 14 x self-contained studios and 2 x 2 bedroom flats.
Measuring 7,296 sq ft gia, the building also benefits from a large rear garden and communal facilities inclusive of staff rooms.
Planning use is either C2 (residential care home) or ‘temporary housing accommodation (Sui Generis)’, giving the asset the opportunity to benefit from nightly rents.
The property could suit a range of different occupiers in the social housing sector.
Underpinned by the lha rates, the asset rented out on this basis would generate an income of £234,552 per annum.
Freehold for Sale with Vacant Possession.
Proposal
Oieo £2,500,000 subject to contract, reflecting a low capital value of £342 psf and an estimated Gross Yield of 9.38% against the lha rate.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
Tours (1)
1 virtual tour available
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More information
Listed by
Estate Office
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