TO BE SOLD BY ONLINE AUCTION AS LOT 68 ON THURSDAY 26 OCT 2023 - Leasehold Flat Investment
London Borough of Newham
Located on Barking Road close to local shopping/travelling facilities including Upton Park Underground Station (District Line and Hammersmith & City). Central Park and Newham University Hospital are also nearby.
A Self-Contained First Floor Flat requiring modernisation with accommodation comprising:
• Entrance Hall
• Reception Room
• Kitchen
• Bedroom (One)
• Bedroom (Two)
• Bathroom/WC
Let on an Assured Shorthold Tenancy Agreement commenced on 11th January 2023 at a rent of £1,650 per calendar month.
Leasehold for a term of 99 years from 1st December 2006 at a ground rent of £100 per annum (Thus having approximately 82 years remaining).
A Section 42 notice can be served at the request and expense of the purchaser and the benefit of such notice will be assigned to the Purchaser upon completion. Please see Special Conditions of Sale for further information.
Note: A share of freehold will also be offered. Please see Special Conditions of Sale for further information.
Producing £19,800 per annum
EPC Rating: D
Inspection: By arrangement with the Auctioneers