A Second Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £15,000 (Holding Over)

The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.

Tenure

Leasehold. The property is held on a 999 year lease from 29th September 2007 (thus approximately 982 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of London Fields are within easy reach. Transport links are provided by Bethnal Green overground station (Central line) and Hackney Downs rail station.

Accommodation

Second Floor Reception Room Kitchen Bedroom Bathroom/WC

Tenancy

The property is subject to an Assured Shorthold Tenancy at a rent of £1,250 pcm. (Holding Over). We have been advised by the vendor that they verbally agreed with the tenant to increase the rent to £1,733 pcm. Rent Statements will be available in the legal pack. We have also been advised that the vendor has served a notice to vacate on the tenant.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.