Description
The existing refurbishment opportunity comprises of a one bedroom apartment occupying the lower ground floor of this period property situated in the affluent borough of Hackney. The apartment measures approximately 550sqft and is in need of modernisation. This property will be of interest to both developers and owner occupiers and will be sold with a new lease extension.
Location
The property is situated on Glenarm Road, Lower Clapton in the increasingly popular Borough of Hackney, which has a diverse community of independently run shops, cafes and businesses. The property is in close proximity to the pleasant recreational spaces of both Hackney Marshes and Hackney Downs. The Queen Elizabeth Olympic Park and Westfield shopping centre are all a short drive from the property. Glenarm Road is in the catchment area for many outstanding schools including, Clapton Girls Academy, The City Academy, Mossbourne Community Academy and St John and St James C of E Primary School.
Transport
The property is located within close proximity to several stations servicing the North London area including Homerton (0.6mi) and Hackney Central (0.8mi) whilst the London Bus network ensures quick and easy access to the Underground Tube network. The A12 and A10 are both a short drive from the property leading into central London and out on to the M25 and M11.
Tenure
Leasehold – The property will be sold with a 69 year lease but an extension has been paid for and will be in place upon completion.
VAT
We understand that VAT is not applicable.
Viewings
There will be 5 separate 1 hour viewings to include one Saturday and these will be published within the forthcoming Allsops catalogue or please contact a member of the Highfield Team.
Further Information
Copies of the floor plans are available upon request.
Terms
Offers in excess of £325,000 for the vacant freehold interest.
Buyers Note: The property will be placed in the forthcoming Allsop auction on 30th March 2016 at The Cumberland Hotel, Great Cumberland Place, London W1.