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Guide Price

£525,000

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Flat 7, 40 Gowers Walk, Whitechapel, London, E1 8BH

Residential

flat

apartment

Vacant

1

bed

1

bath

1

reception

Tax band: F

Leasehold

Rare Residential Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

2 days left

Description

  • PRIME NEW LISTING. We are excited to present this vacant 1-bed apartment located within a prime location in Whitechapel, London.

  • Sales Evidence:**Flat 35, 40 Gowers Walk, London E1 8BH sold for £560,000 in a previous year. Flat 51, 40 Gowers Walk, London E1 8BH sold for £607,000 in a previous year.**

  • For those interested in rentals, this property could achieve between £2,500-£3,000 per calendar month (£30,000-£36,000 per annum). This represents an enticing yield of 5.7-6.8% compared to the guide price.

  • This property is sure to capture the attention of shrewd investors seeking a ready-to-let opportunity with remarkable capital growth potential.

  • Conveniently positioned close to schools and local amenities, the property is just a 6-minute walk from Aldgate East Tube Station, highlighting its prime location appeal.

PRIME NEW LISTING. We are excited to present this vacant 1-bed apartment located within prime location in Whitechapel, London.

The property comprises a spacious bedroom, a contemporary bathroom, and an inviting kitchen/dining room/living room ideal for modern living.

For those interested in rentals, this property could achieve between £2,500-£3,000 per calendar month (£30,000-£36,000 per annum). This represents an enticing yield of 5.7-6.8% compared to the guide price.

This property is sure to capture the attention of shrewd investors seeking a ready-to-let opportunity with remarkable capital growth potential.

Conveniently positioned close to schools and local amenities, the property is just a 6-minute walk from Aldgate East Tube Station, highlighting its prime location appeal.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 35, 40 Gowers Walk, London E1 8BH sold for £560,000 in a previous year. Flat 51, 40 Gowers Walk, London E1 8BH sold for £607,000 in a previous year.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

Purchaser will be liable to pay £1,200 plus VAT towards Seller's legal costs

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Whitechapel, a vibrant and historic area in East London, is known for its rich multicultural character and dynamic community. The location boasts an array of amenities including markets, art galleries, and eateries, alongside excellent transport links that offer quick access to the rest of London.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£71,400

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

Purchaser will be liable to pay £1,200 plus VAT towards Seller's legal costs