Available
London E15 – 1-Bed Flat
Flat 10 The Lock Building, Stratford, London E15 2QBLeasehold Residential Investment
Price
£240,000
Rent P.A.
£21,000
Yield
8.75%
Tenure
Leasehold
Area
461 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises 1-bedroom residential flat, part of an attractive purpose build complex
- Situated within close proximity to Pudding Mill Lane DLR Station, providing direct connections towards Stratford and Canary Wharf, with Stratford’s extensive transport network also within easy reach.
- Occupiers nearby include McDonalds, Café, Restaurant, Self-Storage, Day Nursery and many more.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
Comprises 1-bed residential apartment, forming part of an established development, providing the following accommodation and dimensions:
Second Floor: 43 sq m (461 sq ft)
Hallway, one bedroom, kitchen/living room, bathroom
Second Floor: 43 sq m (461 sq ft)
Hallway, one bedroom, kitchen/living room, bathroom
Tenancy Description
The property is at present let on Periodic tenancy to an Individual at a current rent of £21,000 p.a. Deposit held of £2,019.20.
Tenure:
Long leasehold. Held for a term of 125 Years from 1st February 2005 at a ground rent of 387 p.a. (approx. 103 years unexpired)
Tenure:
Long leasehold. Held for a term of 125 Years from 1st February 2005 at a ground rent of 387 p.a. (approx. 103 years unexpired)
Tenancies & Accommodation
Location Description
The property is situated on High Street, Stratford, within the London Borough of Newham, in an established and rapidly developed East London location. The property lies close to Stratford town centre, Queen Elizabeth Olympic Park and the wider regeneration surrounding Stratford and the Olympic Park. Public transport links are excellent, with Pudding Mill Lane DLR Station situated nearby, providing convenient connections towards Stratford and Canary Wharf. Stratford Station is also within easy reach and provides extensive Elizabeth line, Central line, Jubilee line, DLR, London Overground and National Rail connections, giving convenient access to the City, Central London and Canary Wharf. Occupiers nearby include McDonalds, Café, Day Nursery and more.











