Studio for sale in London E7, 0 Bedroom

Lot 119 - This lot is for sale by auction as lot 119 on Thursday 14th February 2019.

A Long Leasehold (with Share of Freehold) Self-Contained Ground Floor Garden Flat subject to an Assured Shorthold Tenancy. Section of Rear Garden

Current Gross Rent Reserved

£8,400 per annum (equivalent)

Tenure
Long Leasehold. The property is held on a lease for a term of 999 years from 25th December 1966 (thus having approximately 854 years unexpired) at a current ground rent of £15 per annum. There is a Share of Freehold.

Location
The property is situated on the east side of Ridley Road, to the south of its junction with Capel Road. Local shops and amenities are readily available to the south-west. Wanstead Park Station is to the south-west and Manor Park Station is to the east. The North Circular Road (A406) is to the east and provides direct access to the A12 and in turn the M25 Motorway. Wanstead Flats are within walking distance to the north.

Description
The property comprises a self-contained ground floor flat situated within a mid terrace building arranged over ground and first floors beneath a pitched roof. The property benefits from a section of the garden to the rear.

Accommodation
The property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property provides:Reception Room, Two Bedrooms, Kitchen, Bathroom/WC

Tenancy
The property is subject to an Assured Shorthold Tenancy.

Seller’s Solicitor
Messrs Cook Taylor Woodhouse (Ref: Mr F Ahmed).Tel: Email: Fahmed@ctwsolicitors.Co.Uk

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.