High yield potential for sale

Flat 3, 142 Katherine Road, London, E6 1ER

  • FOR SALE BY CONNECT UK AUCTIONS:
  • Auction Finance Available By Request.
  • Auction legal pack available by request.
  • Ideal for owner occupiers and investors.
  • Viewings: By appointment only.
  • Vacant Possession
  • Excellent Location
  • Previously rented at £1,100 per month/ £13,200 a year, 10.5 % gross yield.

DESCRIPTION:

Ground floor studio flat. Requires updating. Vacant possession. Ideal for owner occupiers and investors.

ACCOMMODATION:

Ground floor floor. Main room, Kitchen, Bathroom.

LOCATION:

Located in the residential area of East Ham, the property is close to a range of amenities, including shops, supermarkets, restaurants and pubs. Excellent transport connections can be found from East Ham & Upton Park District line, West Ham Train Station and many local bus routes.

TENURE:

Leasehold.

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-98206628

Additional Details

  • Tenure: Leasehold
  • Auction

Street View

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        Bidding by proxy

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