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Spectrum Tower, Hainault Street, IG1

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • FOR SALE BY MODERN METHOD OF AUCTION
  • WHEN ENQUIRING PLEASE QUOTE REFERENCE PP0079
  • Two Double Bedroom 2nd Floor Purpose Built Apartment
  • Ideal Buy To Let Or First Time Buyer Purchase
  • Requiring Some Internal DIY
  • Ideally Located For Ilford Train Station
  • Main Bedroom With Ensuite Facilities
  • Offered With Vacant Chain Free Possession

Description

WHEN ENQUIRING PLEASE QUOTE REFERENCE PP0079 FOR SALE BY MODERN METHOD OF AUCTION Offered to the market is this two double bedroom 2nd floor purpose built apartment. Located in a popular area and affording good access to local transport links and shopping facilities, the property is, in my opinion, an ideal buy to let investment or first time purchase. Comprising of lounge, kitchen, two double bedrooms, the principal having ensuite facilities, and three piece bathroom suite. The property requires some internal updating so offers the buyer the ability to add their own stamp. Being located within close proximity to The Elizabeth Line Ilford station, the property is a commuters dream and offers links to the City, West End and further still to Heathrow airport. The road links of the A13, A406 are both within a short drive. 

LEASE REMAINING-975 YEARS
SERVICE CHARGE-£2594 PER ANNUM
GROUND RENT-£260 PER ANNUM

Entrance Hall
Storage cupboard, electric wall mounted heater, laminate flooring. recessed spotlights.

Lounge
Double glazed windows to front and side, two electric wall mounted heaters, laminate flooring, open to:

Kitchen
Double glazed window to side, range of wall and base units with roll top work surfaces, one and a half bowl single drainer stainless steel sink unit with chrome mixer taps, tiled splashback, built in brushed steel oven hob and extractor fan, space for washing machine, space for fridge/freezer, storage cupboard housing water tank.

Bedroom One
Double glazed window to front, wall mounted electric heater, laminate flooring.

Ensuite
Shower enclosure, pedestal wash hand basin, low-level WC, electric heated towel rail, tiled splashbacks.

Bedroom Two
Double glazed window to front, wall mounted electric heater, laminate flooring.

Bathroom
Panelled bathroom with chrome mixer taps and shower attachment, vanity wash and basin, low-level WC, recessed spotlights, extractor fan, tiled splashbacks

ELECTRIC SUPPLY-MAINS SUPPLY
GAS SUPPLY-MAINS SUPPLY
WATER SUPPLY-MAINS SUPPLY
SEWERAGE-MAINS SUPPLY
HEATING-ELECTRIC HEATERS
MOBILE PHONE COVERAGE-GOOD (taken from ofcom website)
BROADBAND COVERAGE DOWNLOAD-GOOD (taken from ofcom website)
SURFACE WATER FLOOD RISK-VERY LOW (taken from .gov website)
RIVERS AND SEAS FLOOD RISK-VERY LOW (taken from .gov website)

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Please Note: All measurements are approximate and are taken at the widest points. They should not be used for the purchase of furnishings or floor coverings. The selling agent has not seen any paperwork relating to any building works that may have been carried out within this property, nor have we tried or tested any appliances or services. These particulars do not form part of any contract. Floor plans, videos & photographs, whether enhanced or not, are for general guidance only. We would strongly recommend that any information provided about the property, including distances or guidance on rental value, is verified by yourselves upon inspection and also by your solicitor before legal commitment to the purchase.

Please Note: All measurements are approximate and are taken at the widest points. They should not be used for the purchase of furnishings or floor coverings. The selling agent has not seen any paperwork relating to any building works that may have been carried out within this property, nor have we tried or tested any appliances or services. These particulars do not form part of any contract. Floor plans, videos & photographs, whether enhanced or not, are for general guidance only. We would strongly recommend that any information provided about the property, including distances or guidance on rental value, is verified by yourselves upon inspection and also by your solicitor before legal commitment to the purchase.

 

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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
No parking
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Spectrum Tower, Hainault Street, IG1

Approximate location

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Affordability

Monthly repayments£950
Property: £ 200,000
Deposit: £ 20,000
Interest rate: 4.85%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About eXp UK, South East

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Disclaimer - Property reference S1843693. 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 eXp UK, South East. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call eXp UK, South East on 03330 499885.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.