Property for Auction in London - [Print Version]
Lot 135: Flat 5, 5 Boulcott Street, Limehouse, London
Auction House London
020 7625 9007
Your Local Property Auctions Specialist
Auction Date:
Wed 23/04/2025
Start Time
09:30
Property Type:
Other
*Guide Price
£230,000+
Property Address: Flat 5, 5 Boulcott Street, Limehouse, London, E1 0HR
The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of St. James Park are within easy reach. Transport links are provided by Stepney Green underground station (Circle line) and Limehouse rail station.
Accommodation
Second Floor Reception Room with Open-Plan Kitchen Two Bedrooms Bathroom
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Tenure
Leasehold. The property is held on a 99 year lease from the 24th June 2006 (thus approximately <b>80 years unexpired</b>).
Floor Plan
Location Map
EPC
Current Energy Efficiency Rating B
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.
Price Information
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.