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Lot - Flat 304 Lime View Apartments, 2 John Nash Mews, Limehouse, London, E14 7GQ

Guide Price* £170,000

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Property Type
Flat
Tenure
Leasehold
Type
Residential
Bidder Security Deposit
£3,500*

Property Summary

  • On the instructions of the Joint Fixed Charge Receivers
  • Long leasehold third floor purpose built flat
  • Studio room / kitchen, shower room/wc
  • Let on an Assured Shorthold tenancy to an individual
  • Producing £19,200 per annum

Long leasehold third floor purpose built studio flat within walking distance of the Limehouse Waterside and Marina – Investment producing £19,200 per annum

Description

The property comprises a third floor studio flat forming part of a larger purpose built building, benefitting from a passenger lift and an entry phone system (neither tested).

Location

John Nash Mews is located on the Commercial road, close to the junction with Basin Approach. Public transport facilities can be found at nearby Limehouse railway (c2c network) and DLR station providing access through to Lewisham, Beckton and Bank stations, as well as numerous but routes running along the Commercial Road. Shopping amenities are locally found along the Commercial Road leading into Whitechapel and Poplar offering a range of shops, cafés and everyday amenities, whilst Limehouse Waterside and Marina are within walking distance.

Accommodation

Third Floor
Studio room / kitchen, shower room/wc

Tenancy

The property is let to an individual on an Assured Shorthold tenancy for 12 months from 16/4/2025 at a rent of £1,600 per month (holding over)

Lease Details

Held on a lease for a term of 200 years from 31/3/2005 (thus having approximately 178 years unexpired)

EPC Rating

B

Council Tax Band

D

VAT

VAT is not applicable to this lot

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £2,400 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,900 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £2,400 (inc. VAT).

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