Lot 16
    108 Latitude Court
    3 Albert Basin Way, Gallions Reach, London, E16 2QP
    Sold Post.
     
    Number 1
    A Two Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £14,700 per annum
    By Order of the LPA Receivers

    Description

    The property comprises a two bedroom ground floor apartment situated in a modern purpose built block arranged over ground and six upper floors.

    Tenure

    Leasehold. The property is held on a 199 year lease from 31st March 2003 (thus approximately 189 years unexpired).

    Location

    The property is situated in the East London area of Gallions Reach. The open spaces of Beckton Park are within easy reach. Transport links are provided by Gallions Reach DLR.

    Exterior

    The property benefits from an allocated underground parking space.

    Tenancy

    The property is subject to an Assured Shorthold Tenancy currently holding over at a rent of £1,225 per calendar month.

    Accommodation (2nd Column)

    Ground Floor
    Reception Room
    Two Bedrooms
    Kitchen
    Bathroom with WC & wash basin

    Viewing Details

    Wednesday 3rd December 15:00-15:30
    Friday 5th December 15:00-15:30

    Bold Black Text

    Current Rent Reserved £14,700 per annum

    Addendum

    Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £450 + VAT charged by the auctioneers.
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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