Property description
**For Sale By Public Auction 7th February 2024 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**
A First Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £22,800 Per Annum (Reflecting a Gross Initial Yield of 19%)
Tenure
Leasehold. The property is held on a 150 year lease from 15th June 2018 (thus approximately 144 years unexpired).
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Abbotts Park are within easy reach. Transport links are provided by Leytonstone underground station (Central line) and Leyton Midland Road overground station.
Description
The property comprises a first floor two bedroom flat situated within a mid terrace building arranged over ground and three upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 2 years commencing 20th November 2023 at a rent of £1,900 per calendar month.