2 bedroom apartment for sale

Tenure: Leasehold

This lot is for sale by auction as lot 333 on 29th and 31st May 2012. Full and up to date details of this property, terms and conditions for the auction, and legal documentation for this lot are available at www.allsop.co.uk.





A Leasehold Self-Contained First Floor Flat subject to an
Assured Shorthold Tenancy


On the instructions of J Gershinson FRICS and L Brooks MRICS of Allsop LLP acting as Joint Fixed Charge Receivers


Tenure

Leasehold. The property is held on a lease for a term of 99 years from 25th December 1980 (thus having approximately 67 years unexpired) at a current ground rent of £75 per annum.

Location

The property is located on the east side of Wood Street (B160). Forest Road (A503) is located to the north of the property and the North Circular Road (A406) is situated to the north-east. Local amenities are available along Forest Road (A503), with the further and more extensive facilities available in Chigwell being to the north-east and Central London being to the south-west. Rail services run from Wood Street Station to the north and Walthamstow Central Station to the west. London Underground services run from Walthamstow Central Station (Victoria Line) located to the west. The open spaces of Epping Forest are also located nearby.

Description

The property comprises a self-contained first floor flat situated within a mid terrace building arranged over ground and three upper floors beneath a pitched roof.

Accommodation

The property was not internally inspected by Allsop. The following information was provided by the Vendor. We understand the property provides:
Two Bedroom Accommodation

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 12 months from 27th December 2010 at a current rent of £820 per calendar month. (Holding over)

Seller's Solicitor

Messrs Berwin Leighton Paisner LLP
(Ref: J Golunski Esq).
Tel: 0203 400 1000 Fax: 0203 400 1111.
Current Gross Rent Reserved


£9,840 per annum (equivalent)





Guide Price. Please note, that guide prices are intended to indicate an approximation of the minimum acceptable price to each client. These guide prices should not be interpreted as asking prices and are purely for guidance. Guide prices are subject to contract and subject to alteration. Prospective purchasers are strongly advised to contact Allsop in order to check the availability of each lot prior to the auction sale. Whilst every effort is made to ensure that a guide price is not misleading, it is possible that the reserve price set for any auction lot may exceed the previously quoted guide price. The most up-to-date guide prices are always featured on our on-line service at: www.auction.co.uk.