Exceptional Freehold Mixed-Use Investment Opportunity - Stoke Newington, London

An exceptional and rarely available opportunity to acquire a substantial freehold mixed-use investment in the highly sought-after area of Stoke Newington, ideally positioned within an established and vibrant commercial location, surrounded by an excellent selection of independent shops, cafés, restaurants and local amenities.

The property comprises an impressive L-shaped block extending along Prince George Road and Stoke Newington Road, offering a substantial and diverse investment portfolio consisting of 17 residential apartments, 10 commercial units and a large basement workshop.

The property currently generates a combined annual rental income of £470,304 but with a potential income £554,000 annually once fully occupied, providing an attractive existing income stream with considerable potential for further growth. The residential accommodation is predominantly let on Assured Periodic Tenancies (APTs), whilst the commercial premises are occupied under commercial lease agreements.

Of particular interest to investors is the opportunity to enhance the existing rental income, with three residential apartments and the substantial basement workshop currently vacant. These vacant areas provide immediate asset management opportunities, allowing an incoming purchaser to undertake reletting and potentially improve the overall rental yield and capital value of the investment.

Furthermore, the site offers exciting longer-term development potential, with scope to explore the construction of additional residential accommodation above parts of the existing building, subject to obtaining the necessary planning permissions and statutory consents. This presents an attractive opportunity for developers and investors seeking to unlock additional value through strategic redevelopment and active asset management.

Combining a substantial existing rental income, a diversified residential and commercial tenant base, immediate opportunities to increase income and significant potential for future development, this is a particularly compelling investment proposition.

A rare opportunity to acquire a prominent freehold mixed-use landmark in Stoke Newington, offering the perfect combination of established income, future rental growth and longer-term development potential.

Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.

We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers. Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: the Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).