Sold Prior
- Flat
- 1 Bedroom
- Tenure: Leasehold. Leasehold. The property is held on a 125 year lease from 16th October 2006 (thus approximately 116 years unexpired).
Call the team on 020 7625 9007 for more information
A One Bedroom First Floor Flat Subject to An Assured Tenancy Producing £10,200 per annum
The property comprises a first floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Tenure
Leasehold. Leasehold. The property is held on a 125 year lease from 16th October 2006 (thus approximately 116 years unexpired).
Location
The property is situated in the popular East London area of Hackney close to local shops and amenities. The open spaces of Hackney Marsh & Mabley Green are within easy reach. Transport links are provided by Homerton & Hackney Wick overground stations.
Accommodation
First Floor Reception Room Bedroom Kitchen Separate WC with wash basin Bathroom
Tenancy
The property is subject to an Assured Tenancy for a term of 36 months commencing September 2012 at a rent of £850 per calendar month.
The LHA rates for a 1 bedroom property in this postcode is £257.35 per week. Thus potential income of £13,382.20 per annum (source: https://lha-direct.voa.gov.uk)
Current Rent Reserved £10,200 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.
