Lot 54
    Terraced
    312 Barking Road
    East Ham, London, E6 3BA
    Sold for £625,000
     
    Number 1
    A Commercial and Residential Investment Producing £39,000 Per Annum

    Description

    The property comprises a mid terrace building arranged to provide a shop on the basement and ground floors and a five bedroom HMO on the first and second floors.

    Tenure

    Freehold

    Location

    The property is situated in the East London area of East Ham close to local shops and amenities. The open spaces of Central Park are within easy reach. Transport links are provided by East Ham underground station (District and Hammersmith & CIty lines) and Barking rail station.

    Note

    We have been advised by the vendor that there is scope to extend to the rear of the building.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    Shop Ground & Basement Shop Area, WC Let on a 10 year lease from 25th November 2015 (Rent review due in November 2021) £15,000 pa
    Flat First & Second Five Bed HMO Let to Residential Landlords Association for 6 months from 05/09/20 (holding over) £24,000 pa
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