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3 bed Flat For Sale £425,000
Lawrence Close, London E3


Description
Cash buyers only. Offered for sale as an investment, with tenants remaining in occupation. Your Move Glenwood estate agents are pleased to offer for sale this three-bedroom, split-level (ground and first floor), maisonette in Bow.

The property comprises: On the ground floor: 14ft x 12ft reception/dining room and 12ft kitchen. On the first floor: Three bedrooms, bathroom, and separate WC.

The property benefits from its own rear garden (approximately 19ft x 15ft) at ground level and a balcony at the first floor level.

This maisonette is being sold as an investment property, with the tenants remaining in occupation. There will therefore be no onward chain. The current rent is £1,914 per calendar month. The tenancy has a term that runs until 31 March 2023, with the tenant having the option to extend the tenancy for a further 12 months (subject to a rent review).

The length of the lease is approximately 92 years (expiring on 11 March 2115). The ground rent is £10 per year. The estimated service charges for the 2022/23 accounting year are £1,259.42, plus buildings insurance of £436.40.

The property is located within approximately 0.2 miles of Bow Road Underground station (District Line and Hammersmith & City line) and within approximately 0.6 miles of Mile End Underground station (Central Line). The A12 road (which connects London to Essex) is within approximately 0.6 miles.

In terms of access to green spaces, some examples include Mile End Park (within approximately 0.6 miles), Victoria Park (within approximately 1 mile) and Queen Elizabeth Olympic Park (also within approximately 1 mile away).

The property is situated with the London Borough of Tower Hamlets. The Council Tax band is C. The local authority operates a private property licence (required to rent out a property). The EPC rating is D.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QCH220250/8

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