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Residential properties for auction in Forest Gate, London

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Viewings Please telephone auctioneers 020 7703 4401 Property Summary BY ORDER OF THE LPA RECEIVERS. Investment producing £16,800 per annum. Established residential area. Tenure Freehold Location Situated within an established residential area accessed from Cann Hall Road. Public transport includes Forest Gate and Wanstead Park railway stations. Shopping amenities are on High Road Leytonstone. Recreation facilities can be found at Wanstead Flats. Description Freehold two floor detached house Accommodation First floor: Three bedrooms, bathroom/wc. 1mm/ Ground floor: Two reception rooms, kitchen, integral garage / store. 1mm/ Outside: Rear garden and outbuilding. Tenancy Let to Lock and Quay on an assured shorthold tenancy agreement (statutory periodic) for a term of 12 months from 20/05/2017 at a rent of £1,400 per month.
Bourne House, Bourne Road, London, E7 9EU
Freehold two floor detached house
Type: House, Residential
Location: Bourne House Bourne Road, London, E7 9EU
Images: 2
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** UNSOLD – AVAILABLE AT £130,000 **

LOCATION & DESCRIPTION
A self-contained basement flat on the west side of Wellington Road at its corner with Waterloo Road facing The Odessa Road open space (park). Both Forest Gate and Wanstead Park mainline stations are within ½ mile and shopping facilities can be found along Woodgrange Road and further afield at Westfield Stratford.

ACCOMMODATION
Bedroom, kitchen/reception room, bathroom/WC

LEASE DETAILS
Approximately 988 years remaining

OFFERED VACANT FOR IMPROVEMENT

EPC RATING
D
79a, Wellington Road, London, E7 9BT
Long leasehold vacant basement flat for improvement
Type: Flat, Residential
Location: 79a Wellington Road, E7 9BT
Images: 2
Brochures: 1
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** AVAILABLE - REFER TO AUCTIONEER **

LOCATION & DESCRIPTION
A large terraced double shop unit and small basement with 3 self-contained flats on the east side of the busy Woodgrange Road close to Sebert Road and Forest Lane. Nearby occupiers include Tesco Express, Poundland, Iceland and (in Romford Road) Barclays Bank. Wanstead Park overground station and Forest Gate mainline station (Crossrail/Elizabeth line in 2019) are within a short walk.

ACCOMMODATION
Ground Floor Double Shop: 2,525 sq ft (234.7 sq m)
Basement
Subject to a repairing and insuring lease to Polonez Ltd (t/a a Polish Delicatessen) for 10 years from 12.01.2016 (with rent review and break clause 12.01.2021 and outside s24-28 of the Landlord & Tenant Act 1954) at £40,000 p.a.
86a & 88a: 2 flats each comprising 4 rooms, kitchen, bathroom/WC
86a let on AST for 12 months from 24.04.18 at £1,386.66 pcm
88a let on AST for 12 months from 14.10.17 at £1,430 pcm
86b: Split level flat (with planning permission) comprising 3 rooms (1 with kitchen area) shower/WC
Let on AST for 12 months from 02.02.18 at £1,000 pcm
Communal roof terrace

EQUIVALENT TO £85,799.92 p.a.

PROPERTY FEATURES
Freehold
Double Shop & 3 Flats
Equivalent to Approximately £86,000 p.a.
Flats 86a, 88a & 86b: All E and Shop 86-88: C

ADDENDUM
The property is in a conservation area.
86-88, Woodgrange Road, London, E7 0EW
SUBSTANTIAL FREEHOLD COMMERCIAL INVESTMENT PLUS 3 FLATS LET ON ASTS
Type: Flat, General Retail, Residential, Retail
Location: 86-88 Woodgrange Road, E7 0EW
Images: 1
Brochures: 1
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