LOT 41

Ground Floor Flat, 139A Prince Regent Lane, Plaistow, London, E13 8RY

LONG LEASEHOLD (125 YEARS) RESIDENTIAL INVESTMENT

Result: Please refer to auctioneer for more information Guide price: £250,000 PLUS*

Auction Date

Thursday, 16th December 2021 12:00pm

A self-contained ground floor 2 bedroom flat. Located on the east side Prince Regent Lane between Jenkins Road and Woodside Road and within walking distance of Newham University Hospital and Newham Sixth Form College. Newham Way (A13) is also close by along with Barking Road.

Accommodation

Ground Floor: Living/dining room, 2 bedrooms, kitchen, bathroom/toilet, rear garden

Lease Details

A new 125-year lease to be granted on completion at a current ground rent of £250 p.a.

Tenancy Details

Subject to an AST holding over at a rent of £1,250 pcm

EQUIVALENT TO £15,000 p.a.

EPC Rating

TBA

Note

Auction Surveyor: Sam Harborne
Contact: 020 8509 4414 sam.harborne@strettons.co.uk

The property benefits from a certificate of lawful use.

A six week completion is available

Status

Please refer to auctioneer for more information

* 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.