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Flat 1 Beaumont Court, Upper Clapton... Studio for sale
Flat 1 Beaumont Court, Upper Clapton Road, Clapton, E5 8BG
£90,000
Flat 1 Beaumont Court, Upper Clapton Road, Clapton, E5 8BG
£90,000
Our Summary
- LOT 85A **FOR SALE BY ONLINE AUCTION** on 1st July 2025 Leasehold Flat Investment Situated on Upper Clapton Road, close to local shopping/travelling facilities including Clapton Train Station
- A Self-Contained Ground Floor Flat requiring modernisation in a Purpose-Built Block with accommodation comprising: Studio Room Kitchen Shower Room/WC Leasehold for a term of 88 years from 25th December 1979 (thus having approximately 42 years unexpired)
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (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
- Guide prices will be continually updated on our website up until the day of the auction
Description
This leasehold flat investment is situated on Upper Clapton Road, close to local amenities and transportation links. The property is a self-contained ground floor flat that requires modernization and consists of a studio room, kitchen, and shower room/wc. The flat is let on an Assured Shorthold Tenancy at £1,500 per month, producing £18,000 per annum. The lease has approximately 42 years unexpired and is rated D for energy efficiency. The property is being sold by online auction on July 1st, 2025, with a guide price and a reserve price to be set by the seller. The buyer will be required to pay a fee of £1,200 incl. VAT if the property sells for over £10,000, or £300 incl. VAT if it sells for less than £10,000.