Lot 11 - Unit 1, 426 Hackney Road, London, E2 7AP

  • Unconditional Online Auction Sale
  • Guide Price* : £440,000
  • Bedrooms: 3
  • Bathrooms: 1

Investment opportunity Large Flat With Three Rooms Currently Rented At £2,790 Per Calendar Month To be sold with tenants in situ.


Description

Large flat with Three rooms, kitchen and bathroom currently rented at:

Room A £900 per month
Room B £940 per month
Room C £950 per month

Totalling £2,790 Per Calendar Month
Totalling £33,480 Per Annum

Lease remaining - 89 years

These properties have had the same managing agent for over 10 years and would be keen to keep looking after them for the new buyer.
The current owner pays £75 a month for the cleaning twice a month and £75 each for gas and electric.

Tenure

Leasehold

Accommodation

Three rooms
Kitchen
Bathroom

Location

This property is in a residential area of Hackney with shops and local amenities nearby. Broadway Market, full of independent shops and eateries, is a 9 minute walk. A short walk is Haggerston Park which is full of sports facilities including football, rugby, table tennis, softball and Hackney City Farm. Cambridge Heath Train Station (overground) is a 5 minute walk.

Tenancy

Room A £900 per month
Room B £940 per month
Room C £950 per month

Sector

Residential

Annual Service Charge

£1,300

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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