Call the team on 01702 33 33 99 for more information
OF INTEREST TO INVESTORS AND OWNER OCCUPIERS ALIKE A VACANT SIXTH FLOOR TWO BEDROOM FLAT IN A DESIREABLE LOCATION CLOSE TO THE CITY OF LONDON
This two bedroom purpose built flat delivers approximately 680Sq Ft (63Sq m) of living space and when let generates £15,600p.a. giving a yield of 8.6% if bought at Guide. The property has a secure communal entrance with entry phone system and an elevator.
Leasehold. 125 From 1st December 2003 thus 107 Years Remaining
Entrance Hall Lounge: 15'2" x 11'1" (4.63m x 3.39m) Kitchen: 8'9" x11'0" (2.68m x 3.37m) Bedroom 1: 11'8" x 12'5" (3.58m x 3.79m) Bedroom 2: 10'11" x 9'10" (3.35m x 3.01m) Bathroom
Built Circa 1960's the property appears to be of a standard bricks and mortar construction type containing a total of 28 dwellings over 7 storeys.
Sitting in a popular residential area in North Woolwich the property overlooks the University of East London Campus and is close to London City Airport. The A406 and A13 are about 2 miles to the North of the property offering excellent road access and King George 5th DLR Station is about 230 Yards to the North West of the property.
Strictly by appointment with the auctioneer Tel: 01702 333 399
Energy Efficiency Rating (EPC)
Current Rating C
Newham London Borough Council
Buyer's Premium - 1.2% inc VAT of the purchase price payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.