Property for Auction in London - Flat 65 Aubrey Moore Point, Abbey Lane, Stratford, London

A Fourteenth Flour One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £13,200 Per Annum (Reflecting a Gross Initial Yield of 13.8%) The property comprises a fourteenth floor one bedroom flat situated within a purpose built block arranged over ground and twenty upper floors. Tenure Leasehold. The property is held on a 125 year lease from 2nd October 2006 (thus approximately 106 years unexpired ). Location The property is situated on a residential road close to local shops and amenities. The open spaces of Queen Elizabeth Olympic Park are within easy reach. Transport links are provided by West Ham underground station (Circle, District, Hammersmith and Jubilee lines) and rail station. Accommodation Fourteenth Floor Reception Room Kitchen Bedroom Bathroom Exterior The property benefits from a balcony. Tenancy The property is subject to an Assured Shorthold Tenancy for a term of 24 months commencing 28th February 2018 at a rent of £1,100 per calendar month (holding over). The property has not been inspected by Auction House London. All information has been supplied by the vendor. Energy Efficiency Rating (EPC) Current Rating C Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.