Terraced house for sale in London E12, 2 Bedroom

Lot 151 - This lot is for sale by auction as lot 151 on Thursday 14th February 2019.

A Freehold Ground Rent Investment secured upon a Terrace Building internally arranged to provide Two Self-Contained Flats

Current Rent Reserved

£500 per annum

Tenure
Freehold.

Location
Michigan Avenue runs between Romford Road and Washington Avenue in Manor Park. Local shops and amenities, as well as Manor Park Rail Station, are within walking distance of the property. The North Circular Road (A406) is close by, providing access to the A12 and in turn the M25 Motorway.

Description
The property comprises a ground rent investment secured upon a terrace building internally arranged to provide two self-contained flats.

Tenancies
A schedule of Tenancies is set out below.

Rights of Pre-Emption
The lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1954.

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 Lots may be sold or withdrawn prior to auction.