£225,000
1 bed flat for saleFirst Avenue, London E12
1 bed
1 bath
1 reception
- Leasehold
SmoothSale
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About this property
First-floor one-bedroom apartment
Open-plan kitchen/living space
Well-maintained condition throughout
60-year lease - potential for extension (STC)
Close to transport links and local amenities
Appealing to buy-to-let investors or cash buyers
*cash buyers only*
Located on a quiet residential street in Manor Park, this well-presented one-bedroom apartment offers a turnkey opportunity for investors or buyers looking for an affordable entry point into the London market. Positioned on the first floor, the property benefits from a private entrance via staircase, leading to a bright and open-plan kitchen/living area, a spacious double bedroom, and a tidy three-piece bathroom.
With a remaining lease of 60 years, the property may suit cash buyers or investors looking to extend the lease (subject to terms and conditions), offering potential to significantly increase value.
The flat is situated in a vibrant and growing area of East London. Manor Park Station (Elizabeth Line) is a short walk away, providing fast and frequent services to Liverpool Street, Canary Wharf, and Heathrow Airport. Romford Road and High Street North are both nearby, offering a variety of shops, supermarkets, cafés, and restaurants. Additionally, Wanstead Flats and Little Ilford Park offer expansive green space within walking distance.
With its accessible location, good condition, and opportunity to add value, this property represents a smart investment in an area benefiting from ongoing regeneration and improved transport links.
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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.
The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.
The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.
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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.
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More information
Tenure
Leasehold (60 years)
Service charge
Council tax band
B
Ground rent
£100
Ground rent date of next review