Summary - Flat 12 The Beckers, Rectory Road N16 7QX
1 bed 1 bath Flat
Compact, income-producing flat near two stations; auction sale for experienced investors.
Let on assured shorthold tenancy producing £15,365 per year
A compact one-bedroom first-floor flat offered at online auction, currently producing £15,365 per year from an assured shorthold tenancy. The property sits in a purpose-built 1960s/70s block close to Rectory Road and Hackney Downs stations, offering straightforward access to local shops, parks and transport links.
For investors this is an income-focused buy: a long lease (approximately 103 years remaining), very low ground rent and an EPC rating of C are practical positives. The building's concrete, mid-century construction and double glazing (install date unknown) point to straightforward maintenance rather than ornate restoration.
Buyers should note material facts plainly: the flat is small (around 420 sq ft), located in a very deprived area, and the tenant is holding over — immediate vacant possession is not guaranteed. The lot is sold at auction with a buyer’s fee and potential additional completion fees detailed in the legal pack; review those before bidding.
This lot suits an investor seeking immediate rental income and long lease security, willing to accept tenant-holding risks and the sensitivities of the local market. The property’s size and location also offer basic refurbishment potential to improve appeal or re-let terms over time.
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