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A Third Floor Three Bedroom Flat Subject to a Periodic Tenancy Producing £17,100 per annum
The property comprises a three bedroom third floor flat situated within a purpose built building arranged over ground and three upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 1989 (thus approximately 94 years unexpired).
By Order of the Fixed Charge Receivers
Location
The property is situated on a residential road close to the local shops and amenities of High Street. The open spaces of Central Park and Wanstead Flats are within easy reach. Transport links are provided by Barking overground and underground stations (District and Hammersmith & City lines).
Accommodation
Third Floor Reception Room Three Bedrooms Kitchen Bathroom Separate WC
Tenancy
The property is subject to a Periodic Tenancy at a rent of £1,425 per calendar month.
Current Rent Reserved
Current Rent Reserved £17,100 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.