For Sale, Leasehold
ARQ Homes are pleased to offer this 2-bedroom conversion ground floor flat located in highly accessible location within the Central Park Estate of East Ham. This property consists of 2 double bedrooms, separate reception, separate kitchen and a family 3-piece bathroom suite. £290,000 to £310,00 Guide Price!
The property is kept in good condition and has read private rear garden.
The Seller is also the Freeholder and will sell the Freehold. Notice has been served to First Floor occupier and who have confirmed in writing that the Freehold may sell the freehold on the open market.
Central Park Estate is arguably the most sought-after part of East Ham for residential buyers. You are close to two local parks and three local schools. The local buses run to East Ham, Upton Park, Canning Town and Stratford Stations (including 24 hours bus service). Ideally located on a walking distance from East Ham underground station and all local amenities.
Central Park Location
The area around Central Park is becoming ever more popular amongst buyers from all across London. Why is this? Some would say, it’s due to the attraction of the Central Park known for its vibrant annual parties in the park. The ‘community hub’ as it’s become to be known, it hosts numerous events from the Summer Mayor shows and its subsequent street carnivals to the Royal Philharmonic Orchestra which light up the East Ham sky through the late evening ‘Under the Stars’ concert. For some, they may look at the nostalgic history of the area, the old Town Hall buildings, war memorials or the local traditional markets being ever so close. Or perhaps it’s the fast-improving local schools and the diversity of the area. Whatever the reasons, over the last two years, undoubtedly there has been a vast change in buying activity and this area has become a trendy choice to live in for professional Londoners.
Remaining Lease Term: 106 Years
Ground Rent: £200 Per Annum
Service Charge: Not Applicable
ARQ Homes would estimate a rental in the region of £15,600 to £16,200 per annum, as a single household rental.
ARQ Homes are ARLA and NAEA accredited. We offer a comprehensive Lettings, Management and Rent Guarantee Service. If you are considering a ‘Buy to Let’ purchase, our lettings team will be delighted to give you advice including guidance on Newham’s Landlord Licensing Scheme.
Note: ARQ Homes always quote a conservative figure for rental, however you could increase your rental as multi occupancy; this would be subject to Newham council licensing approval.
All viewings are strictly via appointment only. We can offer personal viewings as the property is close to our ARQ Homes East Ham office, please enquire with our office.
Benefits of the buying the Freehold: Just some examples for you:
1. You do not need to pay ground rent.
2. You can make alterations to your property without Freeholder consent, like a ground- floor extension and add value to your property. ( Local Authority Building Regulations need to be adhered to)
3. Potential to charge a premium to the first floor flat for any requested lease extension in the future.
Gives access to: reception, bedroom one, bathroom, kitchen and bedroom two.
Reception: (4.09m x 3.36m)
Bay double glazed window to front.
Chimney breast to side
Gives access to: hallway.
Kitchen: (2.33m x 2.12m)
Rolled work top with eye-level and base level units.
Partly-tiled walls (between base and eye-level units).
Single-drainer sink with mixer tap.
Integrated gas hob and electric oven/grill with extractor hood (internal).
Wall mounted combination boiler.
Wooden door to side with part single-glazed window.
Gives access to: lean-to & rear garden.
Bathroom: (1.68m x 2.13m)
Small frosted double-glazed window to side.
Hand basin with mixer tap.
Extractor fan to side.
Wooden fence to sides and rear with concrete posts and bases.
Bedroom 1: (3.51m x 3.13m)
Double glazed bay window to rear.
Bedroom 2: (3.36m x 2.73m)
Double glazed window to rear.
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.
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer. 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.