Initial price	£650,000
08/10/25	£600,000
Price Change	-7.69%

For sale is a unique property comprising a ground floor commercial unit, a lower ground floor residential apartment with garden, and the freehold for the building. The commercial unit is currently let until 2031 for £20,000 per annum, with a rent review due, while the residential apartment lets for £33,600 per annum and has a potential rental valuation of £3,500 per month. The freehold generates £900 per annum in ground rents from the two upper flats. The property is located in central Hackney, with excellent transport links, including Hackney Downs station just a 0.2-mile walk away. The property is being sold by unconditional online auction, with registration open now and bidding opening on October 29th. The guide price is £600,000 plus fees, with a 10% deposit required upon the fall of the hammer. The buyer will also pay a buyer's administration fee of £1,200 plus VAT, and contracts will be exchanged 28 days following the auction.