Flat 18, Bow Bell Tower, 6, Pancras Way, London, E3 2SN

Description

Leasehold fifth floor flat. Location: The property is located on Pancras Way. Shopping amenities are available within Bow with a further range of shops, bars and restaurants found within Central London located to the south west. Public transport links are available at Bow Road Underground Station (Circle, District and Hammersmith & City Lines) to the south along with a network of local bus services serving the surrounding areas. The property is served by road links including the A12 to the east and A11 to the south. Recreational pursuits can be found at Queen Elizabeth Olympic Park tot eh north east and Victoria Park to the west. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc EPC Rating: C Council Tax Band: C Lease: Held on a lease for a term of 999 years (less 10 days) from 13/09/2005. To view: 28/8 12pm, 5/9 at 3:30pm No booking required – Please arrive at the time stated

Location

The property is located on Pancras Way. Shopping amenities are available within Bow with a further range of shops, bars and restaurants found within Central London located to the south west. Public transport links are available at Bow Road Underground Station (Circle, District and Hammersmith & City Lines) to the south along with a network of local bus services serving the surrounding areas. The property is served by road links including the A12 to the east and A11 to the south. Recreational pursuits can be found at Queen Elizabeth Olympic Park tot eh north east and Victoria Park to the west. Accommodation: One bedroom, reception room open plan to kitchen, bathroom/wc

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£20,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆