23 Queens Road, Leytonstone, London, E11 1BA

£5,000 Guide Price
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A Residential Development Opportunity (Subject to Obtaining All Necessary Consents)


Tenure
Leasehold. The property is held on a lease for a term of 99 years from 21st February 2019.

Location
The property is within walking distance to Leytonstone High Road, which offers various amenities such as shops and restaurants.
Leytonstone Underground Station is a short walk from the property, providing great links into the city of London.

Description
The property comprises of a development opportunity with consent from the freeholder to create a basement flat beneath an existing semi-detached house arranged over ground and two upper floors.

Accommodation
The buyer will be required to excavate the area below the ground floor in order to create a self-contained basement flat. Subject to obtaining all relevant consents. Buyers are deemed to rely on their own enquiries with regard to planning permission.

Viewings
Refer to Auctioneer.
*GUIDE PRICE & RESERVES
Definition of Guide Prices:

The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.

Definition of Reserve Price:

The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.

View Common Auction ConditionsImportant Notes to Prospective Buyers