Ground Floor, Olive Road, Plaistow, E13

1-BEDROOM SPACIOUS CONVERSION FLAT -GROND FLOOR - SEPARATE RECEPTION - LARGE KITCHEN/DINER - GOOD SIZE DOUBLE BEDROOM - THREE-PIECE BATHROOM SUITE - PRIVATE REAR GARDEN WITH STORAGE SHED - ADDITIONAL OUTDOOR W/C - MORDERN REFURBISHMENT - 997 YEARS LEASE - 12 MINTUES' WALK TO UPTON PARK UNDERGROUND STATION (DISTRICT LINE) - CLOSE TO SCHOOLS & PARKS - GOOD ACCESS TO BARKING ROAD/A13/A406 (NORTH CIRCULAR) - WELL MAINTAINED - £295,000-£315,000 (GUIDE PRICE)

ARQ homes are proud to present this spacious one bedroom conversion flat situated in highly accessible part of Upton Park, E13. This ground floor property consists of: separate reception room; open-plan diner with fitted kitchen (inclusive of integrated fridge/freezer, dish washer, gas hobs and electric oven/grill); good size double bedroom; and a stylish three-piece bathroom-suite.

It also benefits from: large private rear garden with storage shed; and an additional outdoor W/C.

This rare find property is one of its kind and viewers are sure to be impressed by the finish and quality of the workmanship, from the modern fitting and fixtures to the vintage-style tilling. It has been enhanced throughout, including a new Main Eco Compact Combi gas central heating boiler installed in 2023, making this property a truly a rare turn-key property where buyer can enjoy the benefits of the home as soon as they move in.

It is also being sold with a remaining 997 Year lease with a peppercorn ground rent and no service charges, so the new owner can enjoy the property without having to worry about costly lease extensions or hikes in service charges in the future.
This could be perfect home to a first-time buyer or someone looking to down-size without compromising on exclusive private outdoor space.

Location:

Located only 12 minutes' walking distance to Upton Park Underground Station (District Line) gives easy access into the city and beyond. It is a pleasant walk along Green Street which is a major shopping street and a cultural hub for the community. There has been considerable regeneration in the area with the development of the Boleyn Ground (The former home of the current Europa Conference League Champions). It is close to parks and schools, including the Brampton Manor Secondary School, which is currently the pride of Newham. Only moments away from religious sites including St. Martin's Church and Ibrahim Mosque. There is a good access to Barking Road offering local amenities and 24-hour bus service as well as A13 and A406 (North Circular). The Newham General Hospital and the Leisure Centre are both at a close proximity. The location of the property is truly ideal, and it really is a good time to be an Upton Park resident!

Rental Potential:

ARQ Homes estimates this property could generate £19,200-£21,000 annually in rental income. As ARLA and NAEA accredited agents, we offer a comprehensive Lettings, Management, and Rent Guarantee service. If you're interested in buy-to-let, our lettings team is here to provide advice, including details on Newham's Landlord Licensing Scheme.

Note: The rental estimate is conservative, and you may be able to increase income with multi-occupancy options (subject to council approval).

Seller's Situation:

The Seller will be moving to another property so this will be a chain-sale.

Why Choose ARQ Homes?
At ARQ Homes, we do not charge buyers any fees when helping with the purchase of this property. Our service is completely free of charge.

Property Details:

" Tenure: Leasehold
" Remaining Lease: 997 Years
" Service Charges Per Annum: Not Applicable
" Ground Rent Per Annum: Peppercorn
" Council Tax Band: B
" EPC Rating: D
" Measurements: refer to the floor plan.

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All viewings are by appointment only.

* No reproduction of our property description is allowed without the Consent of ARQ Homes. *


Consumer Protection from Unfair Trading Regulations 2008:

The information provided does not form part of any offer or contract. All parties must verify accuracy, and your solicitor should confirm details regarding tenure/lease, fixtures, fittings and planning/building consents for any extensions or conversions. All dimensions are approximate. Floor plans are not to scale, and their accuracy cannot be confirmed. Reference to appliances or services do not imply they are in working order.