Lot

48

87 Forest Lane, Stratford, London, E15 1RW

Bidding Closed

SOLD FOR

£401,000

Property Enquiries

Jeremy Lamb

jeremy.lamb@bidx1.com
+44 (0) 20 7358 5653

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Judith Stacy

jstacy@brecher.co.uk
+44 (0) 20 7563 1000

Description

Map

Viewings


Property Summary
  • BY ORDER OF THE LPA RECEIVERS.
  • Investment producing £18,000 per annum.
  • Established residential area.
Tenure

Freehold

Location

Situated within an established residential area close to the junction with St James Road and approximately one mile to the east of central Stratford. Public transport includes Maryland and Forest Gate Railway Station. Local shopping amenities are on Leytonstone Road. Central Stratford provides numerous shops bars and restaurants together with Westfield Shopping Centre and Stratford International Station.

Description

Freehold two floor terraced house

Accommodation

First floor: Three bedrooms, bathroom/wc.
Ground floor: Two reception rooms, kitchen.
Outside: Rear garden.

Tenancy

Let to Locke and Quay on a five year tenancy agreement from 21/11/2015 at a rent of £1,500 per month.

We are advised that the property is sublet as an HMO. The licence has expired and the tenants are in the process of renewing this. The previous licence allowed for a maximum of 7 people.

Rental Information

Total rent reserved equivalent to £18,000 per annum


No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.