LOT 36

Flat 8 Edmunds Court, Vicarage Road, London, E10 7HH

A TENANTED LEASEHOLD TWO BEDROOM SECOND FLOOR FLAT CURRENTLY PRODUCING £10,440 PER ANNUM

Result: Withdrawn Guide price: Withdrawn*

Auction Date

Tuesday, 14th July 2020 12:00pm

BY ORDER OF B TOBIN & P J WATERFIELD AS LPA RECEIVERS

The property is located on an attractive residential road in Leyton which can be found to the east of Central London, to the south of Walthamstow and to the north of Stratford. High Road Leyton is located 0.5 miles to the north east where local shops, restaurants and bars can be found. Leyton Midland Overground Station can be found 0.7 miles to the south east providing access to the transport network. The property is a two-bedroom second floor flat in a three-storey block of eight units. It is a gated Local Authority development with secure off-road parking. The property has the benefit of a private parking space for one vehicle.

Tenure

The property is held leasehold for a term of 125 years from 25 March 1991 (thus approximately 96 years unexpired) at an annual ground rent £10.

Accommodation

Ground Floor: Shared entrance

Second Floor: Hall, Living room, Two Bedrooms, Bathroom, Kitchen

Off-road parking for one vehicle.

Gross Internal Floor Area: 622 sq ft / 57.8 sq m

Tenancy Details

The property is occupied by a housing benefit tenant and her two children and has been in occupation for about 10 years.

We have had sight of a copy AST for a fixed term from 1.10.2009 expiring 30.9.2010 at a weekly rent of £200.77 (equivalent to £870 pcm/£10,440 pa) with the local authority providing a rental guarantee not exceeding £1,000. It is assumed that the tenant is holding over on these terms.

EPC Rating

F

Note

Auction Surveyor:
Andrew Brown: 020 8509 4470

Status

Withdrawn

* 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 #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.