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Studio flat for sale in London, E6

Flat 3, 142 Katherine Road, London, E6 1ER
For sale
£100,000 Guide Price
connect-uk-auctions
This property is marketed by:
Connect UK Auctions

KEY FEATURES

  •  FOR SALE BY AUCTION. 17th April 2024. UNLESS SOLD PRIOR, 
  •  SUBJECT TO All AUCTION CONDITIONS, AS PER THE LEGAL PACK. 
  •  Auction Finance Available By Request. 
  •  Auction legal pack available by request. 
  •  Ideal for owner occupiers and investors. 
  •  Viewings: By appointment. 6th April 2024 
  •  Vacant Possession 
  •  Excellent Location 
  •  Previously rented at £1,100 per month/ £13,200 a year, 10.5 % gross yield.

DESCRIPTION: 

Ground floor studio flat. Requires updating. Vacant possession. Ideal for owner occupiers and investors.

ACCOMMODATION:

Second floor. Entrance hall, Sitting room, Kitchen, Bathroom with separate shower cubicle, Two double bedrooms. Balcony, Communal gardens and parking.

LOCATION:

Located in the residential area of East Ham, the property is close to a range of amenities, including shops, supermarkets, restaurants and pubs. Excellent transport connections can be found from East Ham & Upton Park District line, West Ham Train Station and many local bus routes.

VIEWING:

By appointment only on 6th April 2024

TENURE:

Leasehold.

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 17th April 2024.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).