Studio Flat For Sale £225,000
Abbey Lane, London

Guide Price £225,000 - £250,000.

Introducing a first-floor studio plus apartment in Abbey Lane, E15, offering an ideal opportunity for first-time buyers. This thoughtfully designed residence features a separate sleeping area, providing a sense of privacy and functionality.

The lease, with an impressive 154 years remaining, provides long-term security and peace of mind for homeowners. Residents of this property enjoy the convenience of communal parking on a first-come, first-served basis, ensuring hassle-free parking.

Situated in a prime location, this property offers easy access to local amenities, transport links, and recreational facilities. Whether you're a first-time buyer or looking for an investment opportunity, this studio plus apartment in Abbey Lane is a must-see.

Entrance Via - communal door to communal hallway - stairs ascending to first floor - door to:

Hallway - wall mounted consumer unit - wood effect floor covering - doors to:

Bathroom - wall mounted extractor fan - three piece suite comprising of a panel enclosed bath - pedestal wash basin - low flush w/c - tiled splash backs - wood effect floor covering.

Lounge - double glazed window - wall mounted entry phone - power points - wood effect floor covering - opening to sleeping area - door to:

Lounge -

Kitchen - double glazed window - range of eye and base level units incorporating a sink with mixer taps and drainer - electric cooker point - space for fridge/freezer - space and plumbing for washing machine - tiled splash backs - power points - wood effect floor covering.

Sleeping Area - built in wardrobe housing water tank and water heater - power point - wood effect floor covering.

Additional Information: - The lease has 154 Years remaining.

The current service charge is £566.16 per annum and is reviewed yearly.

The ground rent is £140.00 per annum. From and including the date hereof until and including 31st March 2055 the yearly rent of £140.00; from and including 1st April 2055 until and including 31st March 2088 the yearly rent of £210.00; and from and including 1st April 2088 until the expiry of the New Term the yearly rent of a peppercorn (if demanded) as is payable in accordance with Section 6 of the Leasehold Reform (Ground Rent) Ac 2022 as at the date hereof.

Council Tax London Borough of Newham Band A.

We have checked the long-term flood risk on: gov.uk/check-long-term-flood-risk the results are as follow:
Surface Water: Medium Risk
Rivers and the sea: Very low risk
Reservoirs: There is a risk of flooding from reservoirs in this area.
Groundwater: Flooding from groundwater is unlikely in this area.

Parking: There is communal gated parking for residents on a first come first served basis.

An Ofcom online search shows that there is voice and data coverage via the following mobile networks: EE, Three, O2 and Vodafone.
An Ofcom Online search shows that standard and superfast broadband is available, and that Ultrafast broadband is not currently available.

The Property has Mains Electric, Mains water and sewerage and is heated via freestanding electric heaters.

Please note: the figures and information quoted above have been provided by the seller and documentary proof is awaited.