A Lower Ground Floor Two Bedroom Unit Subject to an Assured Shorthold Tenancy Producing £11,478,96 Per Annum

The property comprises a lower ground floor two bedroom unit situated within a purpose built block arranging over lower ground, ground and three upper floors.

Tenure

Leasehold. The property is held on a 150 year lease from 1st January 2001 (thus approximately 125 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of West Ham Park are within easy reach. Transport links are provided by Stratford underground station (Central and Jubilee lines), overground station and rail station.

Accommodation

Lower Ground Floor Reception Room with Open-Plan Kitchen Two Bedrooms Bathroom

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 8th August 2021 at a rent of £956.58 per calendar month (Holding Over).

The property is subject to a prohibition order. Buyers are referred to the letter dated 6th March 2025 from Newham Council which is included within the legal pack. Bidders are deemed to have full knowledge of this document prior to bidding in the auction.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.