Lot 131 - This lot is for sale by auction as lot 131 on 17th December 2015.

A Leasehold Self-Contained Purpose Built Second Floor Flat

Tenure
Leasehold. The property is held on a lease for a term of 99 years from 25th March 1980 (thus having approximately 64 years unexpired) at a current ground rent of £250 per annum.

Location
The property is located on the east side of Tomlins Grove close to its junction with Bow Road (A11). Local shops and amenities are available along Bow Road. Underground services run from Bow Road Station (District and Hammersmith & City Lines) as well as Bow Church DLR Station. Mile End Park is to the west and The Queen Elizabeth Olympic Park is to the north. The River Lea is to the east.

Description
The property comprises a self-contained second floor flat situated within a purpose built building arranged over ground and two upper floors beneath a pitched roof.

Accommodation
The property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property provides:One Bedroom Accommodation

Tenancy
The property is subject to a Tenancy for a term of 24 months from 19th May 2015 at a rent of £1,116 per calendar month.

To View
The property will be open for viewing on Tuesday 15th and Wednesday 16th December between 9.00 - 11.00 a.M. And 5.00 - 6.00 p.M. For both days.

Seller's Solicitor
Messrs Dodd Lewis (Ref: Tr). Tel: Email: Tony.Rowe@dodd-lewis.Co.Uk

Current Gross Rent Reserved

£13,392 per annum (equivalent)

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.