Lot 42
    Apartment
    Flat 3 Orion House
    Coventry Road, Bethnal Green, London, E1 5RX
    Sold for £230,000
     
    Number 1
    A First & Second Floor Two Bedroom Flat Subject to a Tenancy Producing £16,800 per annum

    Description

    The property comprises a first & second floor two bedroom flat situated within a purpose built block arranged over ground and ten upper floors.

    Tenure

    Leasehold. The property is held on a 126 year lease from March 1984 (thus approximately 90 years unexpired).

    Location

    The property is situated in the East London area of Bethnal Green close to local shops and amenities, a short walk walk away from Brick Lane and Liverpool Street Station. The open spaces of St Bartholmew Gardens are within easy reach. Transport links are provided by Bethnal Green overground station and Bethnal Green underground station (Centra line) and Aldgate East underground station (District, Hammersmith & City lines).

    Accommodation

    First Floor
    Reception Room
    Kitchen

    Second Floor
    Two Bedrooms
    Bathroom

    Tenancy

    The property is let at a rent of £1,400 per calendar month.

    Addendum

    Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,200 inc VAT charged by the auctioneers. Both fees are payable to 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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