Keller Williams UK
2 bed Flat For Sale

a High Road Leyton, London

£264,000 Guide Price

Property Description

  • Two bedrooms
  • First floor flat
  • 614 Sq.Ft.
  • Buy-to-let opportunity
  • Opposite Leyton Midland Station
  • Close to the popular Francis Road area
  • Recent Lease extension

This property is for sale by conditional online auction.

Please visit the Keller Williams website and click 'Buy' then 'Property Auction'. In order to bid click 'Register' and verify your email, then do the following via the 'Dashboard':

. Join the watchlist
. Pass an ID check
. Enter your payment details

The property is a first floor flat on Leyton High Road opposite Leyton Midland Station and presents an opportunity to purchase for investment into the rental market, or even a first-time purchase for someone looking to get onto the property ladder.

The flat benefits from two good size bedrooms, gas central heating, wood affect flooring, part double glazing and is situated opposite Leyton Midland Station, which is served by trains running from Barking to Gospel Oak.

Leyton Underground Station on the popular Central Line is approximately 20 minutes' walk. The Central Line, which runs from Essex through Central London and out to West London.

Kitchen: 2.86m x 2.61m (9'5" x 8'7")
Reception Room: 4.41m x 3.37m (14'6" x 11'1")
Bedroom One: 4.29m x 3.37m (14'1" x 11'1")
Bedroom Two: 3.55m x 2.32m (11'8" x 7'7")
Bathroom

LOCATION
Situated on Leyton High Road the property is close to the popular Francis Road area of Leyton with its bistro cafes and coffee shops. There are lots of local amenities close by and great transport links which is a renter's dream.

OTHER KEY INFORMATION
Length of lease: 146 years
Recent service charge: £800
Ground rent: £10
Council tax band: B
EPC rating: 65 * D

The current owner has recently extended the length of the lease which is currently being registered with Land Registry and the property was previously let on a guaranteed rental scheme to the local authority. The current rental value for the property would be between £1250 - £1500 per calendar month.

Tenure & Possession
The property is offered for sale leasehold with full vacant possession of all parts available upon completion of the purchase which will be scheduled to take place 28 days from the closing date of the online auction or earlier by agreement between the parties. The 28 days includes 20 days from the closing date to exchange contracts and a further 8 days maximum to complete.

Local Authority
Waltham Forest.

Viewing
Viewers must notify the selling Agents, Keller Williams, of their intention to view, and provide full name, address, and contact details prior to viewing. All agreed viewings will then be unaccompanied, during daylight hours.

Method of Sale
The property will be offered for sale by online conditional auction.

Reserve
The property will be offered for sale subject to an undisclosed reserve and the Vendors reserve the right through their Agents to bid up to and including the reserve price.

Auction Pack
The Auction Pack, prepared by the vendor's solicitors, will be available to view online prior to the final auction date at https://www.kwukplus.com/onlineauction/
All prospective purchasers bidding through the online auction will be deemed to have bid for the property in the full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.

Buyers Fee
The successful purchaser(s) will be liable to pay a "reservation fee" of 2% of the sale price (plus VAT).

Bidder Registration
All potential bidders are required to register online at https://www.kwukplus.com/onlineauction/ in order to view the legal documents and/or bid.

Consumer Protection Regulations
Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you, please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.

Guide Price
An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. * Leasehold Information - Number of years remaining on the lease: 146. Current ground rent and any review period - Ground rent: 10.00Per year. Review Period: 99 year(s). Current service charge and any review period - Service charge: 800.00.Per year. Review Period: 1 year(s). * Council tax band: B

To discuss this property please contact Peter Garland-Collins on:
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