Chesterton Road, Plaistow
75 Chesterton Road, London, E13 8BD
- 5
Key features
Guide Price: *
£425,000
Fees apply
Buyer's fee:1.5% (min. £3,600)
All fees include VAT at 20%
Auction Type:
Traditional
Sold for:
£425,000Bid history
1 bidA
25/01/2024 17:39:29 - £425,000
This lot will go to auction on Wednesday 14th February at 4pm (bidding window opens at 12pm on Wednesday 14th February)
Rare opportunity to acquire a freehold semi-detached period building in Plaistow, east London split into 2 x separate flats (1 x 2 bed maisonette + 1 x 1 bed) and both currently let to long-term tenants with scope to extend to the rear subject to gaining the necessary consents.
Potential to convert back into a single residence (subject to planning and vacant possession) or retain as a rental investment with potential for uplift in rent due to long-standing unchanged tenancy agreements. The current owner has purchased the freehold and flats at different times and therefore, both flats have existing short leases should a buyer wish to sell them separately as 2 x individual flats.
Internally, the condition of each unit is generally good although there is room to add value through redecoration and cosmetic updating.
75a (Ground & Lower Ground Maisonette):
Entrance Hall, 2 x Bedrooms, Living Room, Kitchen
and Bathroom
75b (First Floor Flat):
Entrance Hall, Living Room, Kitchen, Bathroom
Outside there is on-street permit parking and a good sized garden.
Chesterton Road is a popular street in the Plaistow area of East London with local amenities on Balaam Street at the end of the road, there are a good range of primary schools in the immediate area, a handful of green spaces and parks to choose from and Plaistow Underground Station is 0.4 miles away giving direct access to Central London in 30 minutes.
Auctioneer's Notes
If you are interested in making a pre-auction offer, please contact us and we will speak with the vendors.
If you require auction or bridging finance and are worried about completion time of 28 days contact us for more information.
Auction Details
This lot will go to auction on Wednesday 14th February at 4pm (bidding window opens at 12pm on Wednesday 14th February)
Please note that a Buyer’s Premium of 1.8% (inc.of VAT) of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £4,800 (inc.of VAT)
Summary
- Lot number
- 4
- Auction end
- 25th Jan at 17:41
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 2
- Council tax band
- Ask Agent
Summary
- Lot number
- 4
- Auction end
- 25th Jan at 17:41
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 2
- Council tax band
- Ask Agent
This property is being sold by:
My Auction
0207 101 4868
19 Berkeley Street, London W1J 8ED
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and My Auction Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by My Auction Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
