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For Sale - Old Ford Road, Bow, London, E3 £695,000

5 Bedroom End of Terrace  For Sale £695,000

Old Ford Road, Bow, London, E3

Five bedrooms

End of terrace

Fantastic Location

Rare Feehold

Developable STTP

Chain Free

Alex Neil is proud to offer a fantastic development opportunity (subject to planning permission) on this rarely available freehold building set in the heart of Bow. This prominently placed building is available chain free and spans in excess of ninety-eight square metres, set over three floors. Currently comprising a large basement, a ground floor covering two retail zones, a kitchen and three further rooms to the top floor. Old Ford Road is ideally placed for easy access to Hackney Wick, Bow Road and Pudding Mill Lane Stations.

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Floorplan

Floor Plan

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Stamp Duty Calculation

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k(Percentage rate 0%)

Above £300k and up to £500k(Percentage rate 0%)

*This is for illustrative purposes only

IMPORTANT NOTICE FROM ALEX NEIL

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Tenant Information

Refundable Holding deposit - 1 weeks rent

Security Deposit 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated

Client Money Protection Scheme Membership details Alex Neil are members of CMP (client money protect)

Property Redress Scheme Membership details: Alex Neil are members of The Property Ombudsman. Membership number N00018.