Summary - Flat 11 Ashvale Court, 2, Matilda Gardens, LONDON E3 2GS
27 bed 1 bath Commercial Property
Long-dated income in Bow, East London — auction sale.
Freehold interest under Title Number EGL468400
A freehold residential ground-rent investment positioned in Bow, East London, offered at public online auction. The lot is presented as 27x ground rents producing a headline income of £7,200 per annum; the legal pack also refers to flats within a 39-flat purpose-built block (see legal documents for clarity). The site benefits from strong local transport links, nearby Tube access, and a major-conurbation location close to central London, supporting demand and long-term lettability in the area.
This is a straightforward, long-dated ground-rent interest with c.109 years remaining on the lease profile and title EGL468400 recorded as freehold. Low local crime, good broadband and excellent mobile signal support asset desirability for owner-occupiers and tenants alike. The lot will be sold by public online auction on 26/02/2025 at 13:00 — purchasers should prepare for immediate completion requirements typical of auction sales.
Key positives are the secure contractual income stream and central East London location; key risks include the unusually high aggregated ground rent level relative to current norms and the need to rely on the legal pack to confirm exact lots and income breakdown. Prospective buyers should review the title, tenancy schedules and any service-charge arrangements, and budget for legal and purchase costs associated with an auction acquisition.
Commercial property for sale in Ground Rents at Ashvale Court, 2 Matilda Gardens, London, Tower Hamlets, E3 2GS, E3 — £75,000 • 27 bed • 1 bath
Commercial property for sale in Ground Rents at Ashvale Court, 2 Matilda Gardens, London, Tower Hamlets, E3 2GS, E3 — £51,000 • 27 bed • 1 bath
Commercial property for sale in Ground Rents at Garway Court, 1 Matilda Gardens, London, Tower Hamlets, E3 2GR, E3 — £49,000 • 26 bed • 1 bath
Commercial property for sale in Ground Rents at Heathfield Court, 248 Tredegar Road, London, Tower Hamlets, E3 2GQ, E3 — £110,000 • 41 bed • 1 bath
Commercial property for sale in Ground Rents at Heathfield Court, 248 Tredegar Road, London, Tower Hamlets, E3 2GQ, E3 — £110,000 • 41 bed • 1 bath
Commercial property for sale in Ground Rents at Heathfield Court, 248 Tredegar Road, London, Tower Hamlets, E3 2GQ, E3 — £76,000 • 41 bed • 1 bath
