Summary - 33, Canterbury Road, LONDON E10 6EE
1 bed 1 bath Flat
Auction pick for cash buyers seeking high ceiling conversion and rental potential..
602 sq ft first-floor one-bedroom, includes the roof
Set on Canterbury Road a short walk from Leyton Midland Road station, this first-floor one-bedroom property offers a clear refurbishment project with conversion upside. The flat extends to about 602 sq ft and includes the roof, giving scope for structural and layout improvements.
The flat is offered vacant at public auction and requires full modernisation: there is no fitted kitchen, bathroom or toilet and the accommodation needs comprehensive repair. Heating is by electric room heaters and the EPC is graded D. Photos indicate period features and high ceilings but also areas requiring attention such as damp and mould risk highlighted in descriptions.
A critical consideration is the lease: 99 years from 1986 with around 60 years remaining. Many mortgage lenders will refuse to lend at this level, so bidders should be prepared to buy cash or budget for a lease extension, which will affect overall viability. The property is best suited to an investor or experienced refurbisher able to manage works and tenure issues, or a specialist buyer able to transact at auction.
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