Studio for sale

Memorial Avenue, London E15

We are pleased to present this charming studio flat located on Memorial Avenue in London. Nestled on the second floor of a purpose-built block, this property offers a delightful living space of 366 square feet. Its prime location is just a stone's throw away from West Ham station, making it an excellent choice for commuters and city dwellers alike.

The flat is well presented and boasts reception room that opens to the sleeping area and a three piece bathroom suite, making it a comfortable and functional living space. This property is particularly appealing for first-time buyers or those seeking a buy-to-let investment, with a potential rental income of £1,300 per calendar month.

Currently, the flat has 88 years remaining on the lease, but the sellers are in the process of acquiring a share of the freehold. This means that the new owner will benefit from the added advantage of owning a share of the freehold upon completion of the sale, providing greater control and security over the property.

Additionally, at the end of the road lies Memorial Recreational Ground, offering a lovely green space for relaxation and leisure activities. This studio flat presents a fantastic opportunity to own a piece of London real estate in a vibrant and convenient location. Whether you are looking to make your first step onto the property ladder or seeking a lucrative investment, this flat is not to be missed.

Entrance Via

Communal door to communal hallway - stairs ascending to second floor - door to:

Hallway

Cupboard housing consumer unit - wall mounted entry phone - wall mounted electric heater - cupboard housing water heater - doors to:

Bathroom

Obscure double glazed window - three piece suite comprising of a panel enclosed bath with mixer taps to shower attachment - vanity sink unit - low flush w/c with concealed cistern - tiled walls - tiled floor covering.

Lounge/Diner

Carpet to remain - door to kitchen - opening to:

Sleeping Area

Double glazed window - wall mounted electric heater - power points - carpet to remain.

Kitchen

Double glazed window - range of eye and base level units incorporating a sink with mixer taps and drainer - built in oven with four point hob and extractor fan over - space and plumbing for washing machine - space for fridge/freezer - tiled splash backs - power points - tiled floor covering.

Additional Information:

The lease has 88 Years remaining. The seller is in the process of purchasing a share of the freehold and aims for this to complete inline with the sale. The property will therefore be sold as a share of freehold with lease attached.
The current service charge is £822.97 per annum and is reviewed yearly.
The ground rent is £5.00 per annum.
Council Tax London Borough of Newham Band B.

Parking: On Street, a permit must be acquired from the local council.

An Ofcom online search shows that there is the following coverage via the following mobile networks:
EE: Indoor voice and data coverage likely. Outdoor voice and data coverage likely.
Three: Indoor voice and data coverage likely. Outdoor voice and data coverage likely.
O2: Indoor voice coverage likely and data coverage limited. Outdoor voice and data coverage likely.
Vodafone: Indoor voice and data coverage likely. Outdoor voice and data coverage likely.

An Ofcom Online search shows that standard and superfast broadband is available.

This checker shows the predicted broadband and mobile coverage availability and performance at your address. Please make your own enquiries prior to making an offer.

The property has mains electric, mains water, mains sewerage and is heated via a combination of wall mounted electric heaters and ceiling heating.

The title register states the following:
1 (10.08.1990) The land is subject to such restrictive covenants as may have been imposed thereon before 20 March 1915 and are still subsisting and capable of being enforced.
2 (10.08.1990) A Conveyance of the freehold estate in the land in this title and other land dated 22 December 1925 made between (1) The London Midland and Scottish Railway Company (Company) and (2) The Mayor Aldermen and Burgesses of the County Borough of West Ham (Corporation) contains the following covenants:-
"the Corporation hereby Covenant with the Company their successors and assigns (and so that this covenant shall run with the land hereby conveyed and shall bind all persons in whom the said land or any part thereof shall at any time be vested) That no part of the land hereby conveyed coloured red green and yellow on the said plan shall be used for the trade of an Innkeeper Victualler or seller of wines spirits or beer or other intoxicating liquors to be consumed either on or off the said premises or a club where such liquors are consumed."
note: The land in this title is part of the land coloured red and green referred to.

Please note: The figures and information quoted above have been provided by the seller and documentary proof is awaited.

Referral Services

David Daniels can recommend a conveyancer and an independent financial advisor for you if required. These recommendations come from companies that we have worked with and have found to be efficient and reliable.

David Daniels will receive a referral fee from the below companies should you take up the services, these are as follow and will not impact upon the quotes you are given:

Sweeney Miller Solicitors & Knight Richardson Solicitors £240.00 inc VAT.

Mortgage Referral to : 50% of procurement fee paid by the lender to the financial advisor on completion of your mortgage.

Please note that this arrangement does not affect the way in which David Daniels will act for you. Any advice given is completely independent.

Please get in touch should you require a quotation and we will be pleased to organise this for you.

Disclaimer

The information provided about this property does not constitute or form part of an offer or contract, nor may be 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.