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For Sale By Auction | 12 noon, 04 June 2015 | Lot 25

Flat G, 8 Tapp Street, Bethnal Green, London, E1 5RE

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Sold

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. The property has approximately 90 years unexpired on the lease.

Call the team on 020 7625 9007 for more information

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Auction Date

Thu 04/06/2015

Auction Time

12 noon

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

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A Second Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £12,000 per annum

The property comprises a second floor one bedroom flat situated within semi detached former public house arranged over ground and two upper floors. The property would benefit from a program of refurbishment.

Tenure

Leasehold. The property has approximately 90 years unexpired on the lease.

Location

The property is situated in the popular East London area of Bethnal Green within walking distance of local shops and restaurants. The open spaces of Weavers Fields & Bethnal Green Gardens are within easy reach. Transport links are provided by Bethnal Green rail and Bethnal Green underground (Central Line) stations.

Accommodation

Second Floor Reception Room with open plan Kitchen Bedroom Bathroom with WC and wash basin

Tenancy

The property is subject to an Assured Shorthold Tenancy agreement for a term of 12 months commencing 24th February 2012 at a rent of £1,000 per calendar month (holding over).

Current Rent Reserved £12,000 per annum

Viewing Details

Tuesday 19th May 11:30-12:00 Friday 22nd May 11:00-11:30 Tuesday 26th May 11:30-12:00 Friday 29th May 11:00-11:30 Tuesday 2nd June 11:30-12:00

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.

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020 7625 9007

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.