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Lot 54

6 Week completion

SITUATION

Located along the vibrant Green Street amongst a vast host of multiple traders such as Greggs, Boots Pharmacy, Holland & Barrett, Shoe Zone, Iceland Foods, Tesco Metro and many more, being within 0.1 miles of Upton Park Underground Station (District and Hammersmith & City Lines) providing fast access to Liverpool Street Station (approx. 16 minutes). The famous Queen Street Market is also just 0.1 miles distant.
Canary Wharf lies approx. 3 ¼ miles to the south-east and London City Airport is only 2 miles south.

PROPERTY

Comprising a 2 Bed Self-Contained Flat at rear first floor level which is accessed from the rear of the building and benefitting from gas central heating and double glazed windows.

The former West Ham Football Stadium which lies just a short walk of the property is currently being developed by Barrett Homes which is set to deliver 842 new homes with 1 bed flats starting at £370,000 and will contribute to the major regeneration occurring in the area.

ACCOMMODATION

First Floor Flat (Rear)
Bedroom 1 16'2" × 9'9"
Bedroom 2 15'11" × 7'5"
Living Room 15'1" × 12'0"
Kitchen 8'10" × 7'3"
Bathroom/WC

GIA Approx. 620 sq ft

VAT is NOT applicable to this Lot

TENURE

Leasehold for a term of 99 years from 1st July 1986 at a ground rent of £75 p.a. doubling every 33 years (thus having approx. 68 years unexpired - see Note)

Offered with VACANT POSSESSION

Note: At the request of the purchaser, prior to completion, the Vendor will serve a section 42 Notice to extend the lease for an additional 90 years and assign this benefit to the purchaser.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

Flat B, 366 Green Street, Plaistow, London E13 9AP