Flat 1, 426 Hackney Road, Bethnal Green, London, E2 7AP
Property Description
Comprising a second floor, self-contained flat on the south side of the A1208 Hackney Road, near to the junction with Temple Street, close to Haggerston Park, within ¼ mile of Cambridge Heath overground station and about ½ mile from Bethnal Green underground station (Central line).
Leasehold - 125 years from 24.06.1987 (about 87½ years unexpired) at a current ground rent of £150 p.a.
Second Floor Flat: Arranged as 3 bedrooms, kitchen, bathroom/toilet
GIA 673 sq ft (62.5 sq m) - Based on Floor Plan
Room A: Let on a 6 month AST from 08.11.2022 (holding over) at £900 pcm.
Room B: Let on a Flat Share Agreement for 12 months from 31.08.2024 at £940 pcm.
Room C: Let on a 6 month AST from 08.11.2022 (holding over) at £950 pcm.
PRODUCING EQUIVALENT TO £33,480 p.a. (SEE NOTE 1)
1. We understand that the Landlord pays council tax and a contribution of £75 for gas and £75 for electric per month with the excess utility bills to be shared amongst the tenants.
2. The seller is prepared to serve a Section 42 Notice for a lease extension after exchange (at the buyer’s cost) and assign the benefit to the buyer (refer to legal pack).
3. An HMO Licence was granted by London Borough of Tower Hamlets for 5 years from 09.11.2020.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk
Thursday 13th February at 11:30am - 12:00pm
Wednesday 19th February at 11:30am - 12:00pm
In light of the recent changes to legislation meaning that leaseholders will no longer have to have been the registered owner for 2 years before exercising their rights to extend the lease, reference to Note 2 in the particulars (referring to a Section 42 Notice) is to be disregarded.
The property is within a Conservation Area.
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
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Flat 1, 426 Hackney Road, Bethnal Green, London, E2 7AP
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