For Sale By Auction | 08:45, 06 December 2023 | Lot 42

625A High Road Leyton, Leyton, London, E10 6RF

Sold £222,000

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. The property is held on a 150 year lease from 15th June 2018 (thus approximately 144 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 06/12/2023

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Fri 24 Nov

10:30-11:00

Tue 28 Nov

10:30-11:00

Thu 30 Nov

10:30-11:00

Sat 2 Dec

10:30-11:00

Mon 4 Dec

10:30-11:00

A First Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £22,800 Per Annum (Reflecting a Gross Initial Yield of 15.2%)

The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a 150 year lease from 15th June 2018 (thus approximately 144 years unexpired).

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Abbotts Park are within easy reach. Transport links are provided by Leytonstone underground station (Central line) and Leyton Midland Road overground station.

Accommodation

First Floor Reception Room Kitchen Two Bedrooms Bathroom

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 2 years commencing 20th November 2023 at a rent of £1,900 per calendar month.

Current Rent Reserved

Current Rent Reserved £22,800 per annum

Energy Efficiency Rating (EPC)

Current Rating D

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.