London, E13
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Kitchen-Diner
- Garden
- Full Double Glazing
- Oven/Hob
- Gas Central Heating Combi Boiler
- Double Bedrooms
Description
Cash Buyers & Investors Only
A fantastic opportunity to acquire a substantial freehold property, ideally located close to the popular Green Street area and Upton Park Underground Station.
Each flat has separate Lounge, Bedroom Kitchen diner and bathroom - separate utility meters and registed as two separate flats.
The property has been converted into two spacious one-bedroom flats, formally registered as 119A and 119B. Both flats are well maintained and have previously been rented, offering an excellent opportunity for an investor to re-let the property without the need for any immediate refurbishment or significant works. Each flat can be rented as a two bedroom flat or coverted further to two beds
The accommodation also provides an alternative and highly flexible arrangement for a family. The two self-contained flats could work particularly well for multi-generational living, with parents occupying the ground-floor flat and adult children having their own independent accommodation on the first floor.
A key point for purchasers to note is that, although the property is currently configured and registered as two flats, separate leases have not been created by the current owner. The property is therefore being offered as a freehold investment rather than as two separate leasehold flats.
A future purchaser may wish to formalise the arrangement by obtaining the appropriate Certificate of Lawfulness and subsequently creating separate leases. As there are currently no individual leases in place, mortgage lenders will not lend against the flats in their present form and, consequently, the property is being offered strictly to cash buyers.
The location is a particular highlight, with the extensive amenities of Green Street close by, together with Upton Park Underground Station, providing convenient access into Central London and the surrounding areas.
With two generously proportioned one-bedroom flats, a strong location, previous rental history and the potential to re-let immediately, this is an excellent opportunity for a cash purchaser seeking a flexible freehold investment with scope to formalise the two-flat arrangement in the future.
Flooded in the last 5 years: No.
Construction materials used: Brick and block.
Water source: Direct mains water.
Electricity source: National Grid.
Heating Supply: Central heating (gas).
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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London, E13
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Visit our security centre to find out moreDisclaimer - Property reference mist_1643895782. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Steven, Plaistow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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