LOT 14

532/532A Katherine Road, Forest Gate, London, E7 8EA

FREEHOLD RESIDENTIAL INVESTMENT SUBJECT TO LONG LEASE OF FIRST FLOOR FLAT

Result: Sold after auction for an undisclosed amount Guide price: £240,000 PLUS*

Auction Date

Thursday, 27th May 2021 12:00pm

A purpose built ground floor flat with own street entrance. Located on the east side of Katherine Road between Sandringham Road and Henderson Road. Within walking distance of Romford Road with its numerous local shops and amenities and a short distance from the well known Green Street. Woodgrange Park station is just under ½ mile away.

Accommodation

Ground Floor: 2 bedrooms, living room, kitchen, bathroom/toilet, own rear garden

Lease Details

532A: 99 years from 25 March 1990 (68 years unexpired) at a ground rent of £50 p.a. rising to £100 p.a. in 2023

Tenancy Details

Subject to a nightly let to the London Borough of Newham at £45 per night

EQUIVALENT TO £16,425 P.A.

EPC Rating

TBA

Note

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

Status

Sold after auction for an undisclosed amount

* 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.