Investment chance in Hackney flat
Cliff Moore - Deep South Media ??
Account Director, at Deep South Media [DSM], the UK specialist in press office services, multimedia content and training for companies and organisations. DSM is in its 27th year
A three-bedroom flat in Hackney is coming up for auction next month as an investment opportunity. (wed, dec 15)
It is among 126 lots in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
Flat G at 17-19 Mare Street is being offered with a leasehold guide price of ￡475,000 to ￡485,000 at the firm’s latest auction which ends on Wednesday 15 December.
Regional Director and Auctioneer Paul Bridgeman said: “This flat currently generates ￡23,400 per annum on an assured shorthold tenancy agreement and we consider it ideal for continued investment.
“The ground floor property offering versatile accommodation is situated on Mare Street close to Regents Canal, with shopping, bars and restaurants available in Market Broadway.
“Heading south on Cambridge Heath Road (A107), within half a mile there are rail connections at Cambridge Heath (overground) and Bethnal Green (Central line).
The flat has double glazed windows, small courtyard outside spaces and under floor heating system. Accommodation includes a communal entrance, reception hallway/TV room, open plan kitchen/diner/living room, three bedrooms and a shower room/W.C.
Tenure is the remainder of a 125-year lease, from 24 June 2008.
Clive Emson Auctioneers holds auctions eight times a year offering specialist advice for auction purposes with offices in Essex, Kent, Sussex, Hampshire and the West Country, selling with skill, speed and efficiency.
The current auction, the final one of eight this year, ends on Wednesday 15 December. See https://www.cliveemson.co.uk for more details.