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Lot 36 Click here for addendum

6 Week Completion

Situation

Located at the corner of Blurton Road within this sought after and improving residential area, close to local shops and eateries and transport links and enjoying easy access to the A104 Lea Bridge Road and the A107 Lower Clapton Road, approximately 2 miles from Westfield Stratford City and the Olympic Village and 4 miles north east of the City.

Property

Forming part of an attractive corner building comprising a Self- Contained 1 Bed Basement Flat with its own separate street entrance in Blurton Road.
The Flat includes:
• uPVC floor to ceiling windows (living room)
• Gas Central Heating
• Sprinkler System
• Electric Hob/Oven

ACCOMMODATION (measurements to maximum points)
Basement Flat
Living Room 17' 7" x 15'10"
Kitchen 7' 1" x 6 ' 7"
Bedroom 16' 1" x 10' 4"
Bathroom/WC 7'10" x 5'11"
GIA Approx. 550 sq ft

VAT is NOT applicable to this Lot

Tenure
Leasehold for a term of 150 years from 29th September 2013 at a ground rent of £150 p.a. rising by £100 every 25 years.

Tenancy

The property is let to an Individual on an Assured Shorthold Tenancy for a term of 2 years from 8th February 2019 at a current rent of £14,560 per annum exclusive.
Mutual Break February 2020

Note: There is a one month Rent Deposit held.

*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.

Basement Flat A, 70-72 Chatsworth Road, Hackney, London E5 0LS