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A First Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £7,200 Per Annum with Potential to Increase the Rent.
The property comprises a first floor studio flat situated within an end of terrace building arranged over lower ground, ground and two upper floors.
Tenure
Leasehold. The property is held on a 99 year lease from 21st November 2016 (thus approximately 91 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of North Millfields Recreation Ground are within easy reach. Transport links are provided by Clapton overground station and Lea Bridge rail station.
Accommodation
First Floor Studio Room with Kitchenette Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £600 per calendar month.
In 2019, the flat was rented out for £1,190 per calender month.
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.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.