Dalston Lane, Hackney, E8 1LA

CASH BUYERS ONLY | SELF-CONTAINED STUDIO APARTMENT | IDEAL PIED-À-TERRE OR BUY-TO-LET INVESTMENT | 8% GROSS RENTAL YIELD POTENTIAL | LARGE SOUTH-EAST FACING SASH WINDOW | COMMUNAL GARDEN VIEWS | HIGH CEILINGS | PERIOD CONVERSION | MOMENTS FROM HACKNEY DOWNS & HACKNEY CENTRAL OVERGROUND WITH ACCESS TO LIVERPOOL STREET IN 7 MINS | VACANT POSSESSION.

CASH BUYERS ONLY – OFFERED CHAIN FREE WITH VACANT POSSESSION.

Positioned on the first floor of an impressive, double-fronted period villa, this charming self-contained studio apartment offers an exciting opportunity for cash purchasers seeking a convenient London pied-à-terre, full-time residence or buy-to-let investment in the heart of Hackney.

The apartment is compact yet thoughtfully arranged, comprising a versatile living and sleeping space with private kitchen and a separate shower room, with access to a generous communal garden.

An attractive feature of the apartment is the high ceiling height paired with the large south-east facing sash window, which floods the apartment with beautiful natural morning light. Looking out towards the communal garden and its mature trees, the window creates a peaceful, leafy outlook, with glimpses of the steps leading to Platform 1 at Hackney Downs station adding a distinctive touch of London character.

High ceilings, white wood-effect flooring and modern fixtures complement the property's period setting, creating a bright and welcoming living space.

AN EXCELLENT OPPORTUNITY FOR CASH BUYERS & INVESTORS

The property appeals to a variety of cash purchasers, whether seeking a convenient London base, a low-maintenance home or an investment in a well-connected East London location.

The apartment has a realistic expected rental income of £1,300 per calendar month (£15,600 per annum), representing an attractive 8% potential gross annual rental yield based on the asking price, before service charges, ground rent and other costs.

The property is offered with vacant possession, providing purchasers with the flexibility to move in themselves or arrange a new tenancy following completion.

SIGNIFICANT BUILDING IMPROVEMENTS ALREADY COMPLETED

A further benefit for prospective purchasers is the extensive programme of major works completed to the building in 2025. These improvements included a new roof and significant external works, representing an investment of approximately £17,000 per leaseholder.

With these substantial works already undertaken, and no further major works currently planned according to the seller, buyers can take reassurance from the recent investment in the building's upkeep and maintenance.

PRIME HACKNEY LOCATION

Situated just moments from Hackney Downs and Hackney Central, the property enjoys an enviable position close to an excellent selection of independent cafés, restaurants, bars, shops and local amenities.

Hackney Downs station is approximately 0.05 miles away, while Hackney Central station is approximately 0.2 miles away, providing excellent connections across London, especially Liverpool Street which can be reached from the apartment door in just 10 minutes.

The surrounding area is equally appealing for those who enjoy outdoor space, with Hackney Downs and several other green spaces within easy walking distance.

LEASEHOLD INFORMATION

·       Tenure: Leasehold

·       Lease: 99 years from 1 January 2011 (approximately 83 years remaining)

·       Ground Rent: £200 per annum

·       Service Charge: £1,862.86 per annum

·       Potential Gross Rental Yield: 8%

·       Vacant Possession: Yes

·       Chain: Chain Free

·       Major Works: Extensive roof and external building works completed in 2025 at a cost of approximately £17,000 per leaseholder. No further major works are currently planned, according to the seller.

IMPORTANT: THIS PROPERTY IS AVAILABLE TO CASH BUYERS ONLY.

A fantastic opportunity to acquire a characterful, light-filled studio apartment in a highly desirable and exceptionally convenient Hackney location.