A Parcel of Two Self-Contained Flats (1 x Studio, 1 x One Bedroom). Both Let on ASTs Producing a Combined Income of £19,800 per annum.

The property comprises a ground floor one bedroom self-contained and a ground floor self-contained studio flat situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. There are approximately 60 years unexpired on the lease

Location

The property is situated in the Cranbrook area of Ilford close to local shops and amenities. The open spaces of Valentines Park & Wanstead Park are within easy reach. Transport links are provided by Redbridge underground station (Central Line) & Ilford rail station.

Exterior

One flat benefits from the rear garden. The other flat benefits from the front garden

Viewing Details

Tuesday 7th July 11:30-12:00 Friday 10th July 14:30-15:00 Tuesday 14th July 11:30-12:00 Friday 17th July 14:30-15:00

Addendum

The correct address is Ground Floor, 5B Stanhope Gardens. The address on the legal title is incorrect and needs to be amended at HMLR. We understand from Redbridge Council Planning Dept that an Enforcement Notice has been drafted for 5b Stanhope Gardens (for subdivision into 2 self-contained flats) and will be served imminently. Prospective purchasers are advised to make their own enquiries with the Planning Enforcement Officer – tel: 020 8708 2051. Amended Guide Price: £220,000+

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.