300 Barking Road, Plaistow, London, E13 8HL
Property Description
A mid terrace property comprising a ground floor shop with separate front access to seven bed HMO on two upper floors. Located on the south side of Barking Road (A124) and forming part of a parade serving the surrounding residential area. The property lies about a mile from Plaistow underground station, 2½ miles from Canary Wharf and has good road links via the A13.
Ground Floor: Shop/ Office, kitchen, toilet.
First Floor: Three rooms, kitchen, toilet.
Second Floor: Four rooms, bathroom/toilet.
Ground Floor Shop: Let on a 5 year lease from 30.01.2021 at £16,800 p.a.
First & Second Floors: We have informed by our client that each room is currently let at £11,400 p.a.
PRODUCING EQUIVALENT TO £96,600 P.A.
1. The upper parts have an HMO Licence for 5 years expiring 19.10.2027.
2. Please note that whilst we understand the floorplans to be accurate; any buyers should rely on their own due diligence.
Auction Surveyor: Michael Mercer
020 8509 4406 michael.mercer@strettons.co.uk
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
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