Freehold mixed-use investment. Nine residential apartments and two ground-floor retail units with basement, totalling 12,375 sq ft.

141-143 Cannon Street Road comprises a freehold block of nine self-contained residential apartments above two ground-floor retail shops with basement accommodation. The property generates a current annual rent of £196,800, reflecting an initial yield of 3.93%.

Residential values in the immediate area average £816 per sq ft, with a gross development value of £6,075,000. There is potential to increase the passing rent to £278,400 per annum, reflecting a reversionary yield of 5.5%. The property also offers the opportunity to add additional floors, subject to planning, providing scope to enhance value beyond the existing income.

The asset is located on Cannon Street Road, E1, within close proximity to Shadwell and Whitechapel stations.