Moovd Online Property Auctions offer For Sale via Option A – Unconditional Online Auction on 4th September 2025 this smartly presented one-bedroom 3rd floor apartment.
The accommodation on offer briefly comprises: hall with storage cupboard leading into a lounge/ fitted kitchen diner with private balcony. Bedroom and family bathroom WC. Externally are communal gardens.
The property will appeal to a wide range of buyers, with its excellent location in the extremely -popular Bow Common and Bromley-by-Bow Station. A readymade, turnkey BTL investment with a tenant already in-situ, generating a rental income of £1,875 PCM or £22,500 per annum or a 8.18% gross yield against the competitive Guide Price.
For further details, please contact Moovd Online Property Auctions.
EPC rating C.
Please note: The full building has undergoing its cladding upgrade, to have a valid EWS1 certificate, which is now available.
For more information, please contact Moovd directly.
Hall -
Lounge/ Kitchen Diner - 7.09m x 3.35m (23'3" x 10'11") -
Balcony -
Bedroom - 4.86m x 2.53m (15'11" x 8'3") -
Bathroom -
Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
C
01/01/2009
999 years (983 years unexpired)
£300
£2,350
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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 (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.
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