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A Mid Terrace House Arranged as a Two Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £15,000 Per Annum and a First Floor Flat (Sold off on a Long Lease).
The property comprises a mid terrace house converted into two self-contained flats comprising a ground floor two bedroom flat and a first floor flat that has been sold off.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open space of Manor Park is within easy reach. Transport links are provided by East Ham underground station (District and Hammersmith & City lines) and Manor Park rail station.
Accommodation
Ground Floor Flat 1 Reception Room Kitchen Two Bedrooms Bathroom First Floor Flat 2 Not Inspected - Sold off on a 125 year lease from 24th June 2019 at a ground rent of £150 per annum (rising)
Exterior
The property benefits from a rear yard.
Tenancy
Flat 1 is subject to an Assured Shorthold Tenancy at a rent of £1,250 per calendar month. Flat 2 is subject to a ground rent income of £150 per annum.
Current Rent Reserved
Current Rent Reserved £15,150 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.