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Auction
Leasehold

£220,000

2 bed flat for sale

South Molton Road, London E16
2 beds
1 bath
1 reception
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£220,000

2 bed flat for sale
South Molton Road, London E16

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

Auction
Leasehold
Reduced on 18/08/2025

About this property

  • Two double bedroom leasehold flat

  • Well proportioned home

  • Great for investors / ftb's

  • Excellent transport links

  • Access to local amenities

  • EPC Grade D. Council Tax Band B

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

A two bedroom purpose built leasehold flat on the second floor and located within walking distance to Canning Town station. This well proportioned property comprises a large reception with access to a balcony, a kitchen, three-piece bathroom suite and two double bedrooms.

South Molton Road is within walking distance of Canning Town station offering excellent links into The City via its Underground (Jubilee Line), DLR and bus routes. The popular Morrison's superstore is nearby and if you fancy a bite or a bit of shopping, the high street provides a good selection of shops, bars and restaurants. Stratford is a short drive or bus ride away. EPC Grade D. Council Tax Band B.

The lease term is 125 years from 12/02/1990, the ground rent is £10.00pa and the service charge is £1367.25pa. Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease. Should you proceed with the purchase of this property, lease details must be verified by the solicitor.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

PLA240046/8

More information

  • Tenure

    Leasehold (Ask agent)

  • Service charge

    £1,367 per year

  • Council tax band

    B

  • Ground rent

    £10

  • Ground rent date of next review

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