For Sale By Auction | 08:45, 25 October 2023 | Lot 60

217 Albert Road, Newham, London, E16 2JS

*Guide | £225,000+ (plus fees)

  • Flat
  • 3 Bedrooms
  • Tenure: Leasehold. The property is held on a 999 year lease from 1st October 2007 (thus approximately 983 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 25/10/2023

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Wed 18 Oct

12:30-13:00

A Second Floor Three Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £15,600 Per Annum

The property comprises a second floor three bedroom flat situated within a purpose built block arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a 999 year lease from 1st October 2007 (thus approximately 983 years unexpired).

By Order of the LPA Receivers

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Royal Victoria Gardens are within easy reach. Transport links are provided by King George V DLR station.

Accommodation

Second Floor Reception Room with Open-Plan Kitchen Three Bedrooms Bathroom Separate WC

Exterior

The property benefits from two private balconies and off street parking.

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 10th August 2019 at a rent of £1,300 per calendar month (Holding Over).

Current Rent Reserved

Current Rent Reserved £15,600 per annum

Energy Efficiency Rating (EPC)

Current Rating C

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.