Flat 23 Mallard Court, 1 Stocksfield Road, London, E17 3LN
A TENANTED FIRST FLOOR TWO BEDROOM FLAT FORMING PART OF A PURPOSE BUILT BLOCK PRODUCING £13,800 PER ANNUM
Tuesday, 14th July 2020 12:00pm
BY ORDER OF B TOBIN & P J WATERFIELD AS LPA RECEIVERS
The property is located in Upper Walthamstow, East London. Mallard Court is close to the east of Wood Street with it's range of local shops and supermarkets. Wood Street Railway Station is 0.2 miles to the south west, providing access to the underground network. There are a number of local parks within walking distance and Epping Forest is less than a mile to the south. The property is a first floor two bedroom flat in a purpose-built block of 29 units. There is off road parking.
The property is held leasehold for a term of 99 year from 5.8.1988 at a rent of £90 pa rising to £270 pa. Thus, there are 67 years unexpired.
It is understood that the property comprises as follows:
Ground Floor: Shared access with stairs
First Floor: Entrance hall, Bathroom, Two Bedrooms, Kitchen, Reception room
Gross Internal Floor Area 537 Sq ft / 49.9 Sq m.
There is a right to park one vehicle on site.
The receivers have had sight of a copy document described as a lease for a 12 months from 15.2.17 “but automatically renewing on a rolling basis until further notice” at a rent of £1,150 per calendar month. Whilst the property is understood to be let, at the time of going to print neither the auctioneers nor the receivers can confirm if the property is still occupied under the terms of this or any lease and prospective purchasers should inspect the legal pack and the addendum for the most up to date information, prior to bidding.
The property has not been internally inspected by Strettons and can give no warranty as to its present condition, layout or occupation. The property will be sold subject to whatever occupation that may exist at the time of sale.
Andrew Brown: 020 8509 4470