20 Mowlem Street, London, E2 9HE
- Use Class
- Use Class: C3
Key Features
- SPV or Asset purchase
- Rental Income £428,000 pa
- Strong yield potential
- Scope for refurbishment
- 18 apartments
- Attractive communal garden
- Secure cycle store
Description
An excellent opportunity to acquire a potentially high-yielding residential investment with scope for adding value in a prime East London location. This five-story freehold block comprises 18 flats, generating a rental income of £428,000 pa. Priced at just £763 per sq ft, which is well below the area's average.
The ground-floor units have been converted from commercial use to create five attractive residential studios, whilst the upper floors comprise 13 modern one, two and three bedroom apartments. The property is fully let providing a consistent income stream and historically the property has experienced minimal voids.
The building is located in the heart of East London in an area with strong rental demand, close to the Regent's Canal, Victoria Park and London Fields. Cambridge Heath Overground station is a 3-4 minute walk (0.2 miles), and Bethnal Green tube is a mere half a mile away. The area has seen significant change in recent years and is now a popular residential hub, especially with young professionals, with easy access to a wide range of local amenities, including shops, cafes, markets, and green spaces. The ongoing development of nearby 555-unit Regent's View is expected to attract further interest and boost capital values in the area.
Tenancy schedule upon request.
EPC's are available for every flat upon request.
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-01-29
Utilities & Restrictions
Utilities
- Electricity
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- Water
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- Heating
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- Broadband
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- Sewerage
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Rights & Restrictions
- Public Rights of Way
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- Private Rights of Way
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- Listed Property
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- Restrictions
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Property Features
- Accessibility
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- Parking
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- Garden
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Listing agent
Fyfe Mcdade Limited, London
1 Charlotte Road, London, EC2A 3DH
Enquire about this property
Contact Fyfe Mcdade Limited, London
1 Charlotte Road, London, EC2A 3DH
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