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For Sale

1 / 9

Guide Price

£175,000

Sibley Grove, London E12

  • 1 bedrooms
  • 1 bathrooms
  • 1 receptions
***A unique opportunity for cash buyers or those with a large deposit*** (Please read through the ad...
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Key features

  • A brand new 99 year lease granted in 1997. 73 Years left remaining on the lease
  • Cash buyer or Large Deposit required due to low lease and a non functional kitchen
  • Opportunity to reconfigure property into a 2 bedroom open plan or keep to a spacious one bedroom
  • 609 sq ft
  • First Floor Flat
  • Dual aspect reception room
  • Requires modernisation
  • Newham Council Tax Band C
  • Probate property. Ground Rent £100 rising to £300 (As stated on Land Reg)

Full property description

***A unique opportunity for cash buyers or those with a large deposit*** (Please read through the advert for full details). This charming one bedroom flat, (was granted a new 99-year lease in 1997) offers a fantastic opportunity for both investors or a first time buyer and those looking to put their own stamp on a property. With 73 years remaining on the lease, cash buyers or those with a large deposit will be drawn to this unique offering.

The property presents the exciting possibility of reconfiguring the layout into a spacious open plan design, perfect for those seeking a contemporary living space. Alternatively, the current spacious one bedroom layout could be maintained to suit the requirements of the new owner but also offers plenty of potential for transformation and personalisation.

Measuring approximately 609 square feet, this first floor flat boasts a dual aspect reception room, providing an abundance of natural light throughout the day. The property requires modernisation, offering a blank canvas for the discerning buyer to unleash their creative flair. Further enhancing the appeal, the property falls within Newham Council Tax Band C, adding to the overall affordability.

In terms of outdoor space, the property benefits from on-street parking which can be conveniently requested via the local council. This allows residents to effortlessly secure parking spaces for their vehicle, ensuring ease and peace of mind.

Overall, this property presents a unique opportunity to own a characterful 1 bedroom flat (or 2 bedroom) with potential for reconfiguration and personalisation. Viewings are highly recommended for those seeking a property with ample potential and a great location.

Reception Room 16' 3" x 12' 0" (4.96m x 3.65m)
South facing reception room with dual aspect windows

Bedroom 11' 8" x 10' 4" (3.56m x 3.16m)
Bedroom overlooks neighbours gardens

Bathroom 8' 8" x 6' 0" (2.63m x 1.83m)
Blank Canvas Bathroom

Kitchen 12' 2" x 9' 6" (3.71m x 2.89m)
Blank Canvas Kitchen

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