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£260,000

Wellstead Road, East Ham, E6

  • 2 beds
Flat
Under offer/SSTC

£260,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,187 per month

Minimum deposit amount:

£13,000
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SALE BY TENDER ( BUYER FEES APPLY). This two bedroom ground floor flat has been PRICED TO SELL! The property would be an ideal purchaser for either a First Time Buyer or a seasoned Buy To Let investor. The flat requires some modernisation, however this has been reflected in the asking price. Arrange to view today and grab yourself a bargain!

Description:

Lounge: 14'8 x 12'3
Bedroom 1: 11'3 x 12'4
Bedroom 2: 10' x 10'
Kitchen: 11'3 x 8'9

Lease details; 108 years remaining
Service Charges: £1045.00 p.a
Ground rent: £10 per year.

Rental Value: Annual rental income for a 2 bed flat like this would be £15,600 approximately. Based on this figure the rental yield nears 7%.
Disclaimer: Please do your own calculations.

Location:
It is located in a quiet residential part of East Ham but advantages from close proximity to A13 and good access to East Ham unground (District Line) and Beckton DLR station which makes it ideal for commuters. It is only a short walk to Vicarage Lane which offers buses connection and a short journey can take you to East Ham town centre or the Beckton triangle shopping estate which includes large Sainsbury's & Asda's. There is also a Tesco Express (within 0.2 miles walking distance) situated on Vicarage Lane.

Schools within walking distance are:
Vicarage Primary School. (0.1miles).
Langdon Secondary School (0.5miles) ARQ Homes company founders went to Langdon Secondary School. So, we can tell you everything, you need to know, about the school.


Misrepresentation Act 1967

The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

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£1,187 per month
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£0
Mortgage and legal costs:
£999
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