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LOT 49
510 High Road Leytonstone, Leytonstone, E11 3EE
LARGE FREEHOLD RESIDENTIAL INVESTMENT COMPRISING 2 FLATS LET ON ASTS AND 2 GARAGES ALL WITH DEVELOPMENT / REDEVELOPMENT POTENTIAL
Auction Date
Thursday, 29th October 2020 12:00pm
A large end of terrace property comprising 2 self-contained flats with own street doors, 2 garages and side garden on the corner with Lancaster Road. On the east side of the High Road in a mixed residential/commercial location with some national multiple retailers (including Matalan, Argos and Boots) a few minutes' walk away. The High Road leads north to the A12, just a short drive away, which in turn leads to The North Circular Road / M11 to the east and Stratford Westfield to the west. The mainline station is almost opposite.
Accommodation
Upper split-level flat
Top floor : 2 rooms
Half landing : Bathroom, separate toilet
Lower floor : 2 rooms, fitted kitchen
Central heating, double glazing
Lower flat : Slightly varying levels
4 rooms, galley kitchen, bathroom/toilet, toilet
Central heating, double-glazing
Side garden, 2 garages
The flats are let on ASTs at a total of £3,110 pcm and the 2 garages are each let at £80 pcm
EQUIVALENT TO £39,240 P.A. WITH POTENTIAL TO EXTEND, DEVELOP OR REDEVELOP (subject to consent).
EPC Rating
Both flats are D
Note
1. Auction Surveyor: Ian Mann
Contact: 020 8509 4407
2. Viewings can be arranged - please telephone as above.
Status
* 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.