Zoopla current estimate: £803,000 for sale

450 St. Davids Square, London, E14 3WH

  • FOR SALE BY AUCTION 20TH March. UNLESS SOLD PRIOR, SUBJECT TO All AUCTION CONDITIONS, AS PER THE LEGAL PACK.
  • Auction Finance Available By Request
  • Formally rented as a house in multiple occupation, to London professionals
  • Viewings: By appointment only.
  • Combined annual income was £67,800, circa 9.7% gross yield
  • Turn key ready. Vacant Possession
  • Excellent Location
  • Superb investment opportunity offering excellent potential yield, and generous future capital grow
  • Full HMO management service available if required
  • Full Auction legal Pack Available on Request
  • Further internal photographs available on Request

DESCRIPTION:

A modern terraced house. Circa 1500 square feet. A superb investment opportunity offering excellent potential yield, and significant capital growth. Formally rented as a house in multiple occupation, to London professionals. Combined potential annual income of £67,800, circa 9.7% gross yield.

ACCOMMODATION:

Circa 1500 square feet, 138 square metres.

Ground floor; entrance hall, WC, kitchen breakfast room, bedroom 5.

First floor; bedroom 2 & 3, bathroom.

Second floor; bedrooms 1 & 4, bathroom.

Top floor; reception room, roof terrace.

Outside; private patio/ garden.

24-hour concierge, gymnasium, swimming pool and a games room.

Formally rented as a house in multiple occupation, to London professionals. Combined annual income of £67,800, circa 9.7% gross yield.

Room Pricing:

Room 1 (Second Floor, Front, En-suite) : £1,300.00

Room 2 (First Floor, Front) : £1,200.00

Room 3 (First Floor, Back) : £1,100.00

Room 4 (Second Floor, Back) : £1,100.00

Room 5 (Ground Floor) : £950.00

LOCATION:

Situated on the banks of the River Thames, is the modern development with 24-hour concierge, gymnasium, swimming pool and a games room. Ideally located for Island Gardens DLR, Millwall Park and the Greenwich Foot Tunnel. Located close to Canary Wharf with its fabulous shopping centre, bars and restaurants. The Isle of Dogs is a large peninsula bounded on three sides by a large meander in the River Thames in East London, England, which includes the Cubitt Town, Millwall and Canary Wharf districts. The area was historically part of the Manor, Hamlet, Parish and, for a time, the wider borough of Poplar. The name had no official status until the 1987 creation of the Isle of Dogs Neighbourhood by Tower Hamlets London Borough Council. It has been known locally as simply "the Island" since the 19th century.

VIEWING:

By appointment only.

TENURE:

Freehold.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).

*Connect UK Auctions does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. All displayed property boundaries use data provided by Land Registry and is assumed to be correct and updated regularly. However for the avoidance of doubt all displayed property boundaries are indicative and for marketing purposes only.

Reference: CCM-76786484

Additional Details

  • Tenure: Freehold
  • Auction
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