April 2022: Tuesday 05 April 2022 - 9:00am
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    Key features

    • A substantial grade II listed part five storey building
    • Arranged as five self-contained flats and a two bedroom house
    • Close to Canary Wharf and London Transport stations with links to Stratford and the City
    • Extension / development potential subject to requisite consents
    • Investment let at £74,040 per annum on guaranteed rent schemes.

    Description

    A substantial grade II listed building on a prominent corner position arranged as five self-contained flats and an end of terrace house with two separate addresses 24 and 26 Bazely Street.

    24 Bazely Street is arranged as five self-contained flats (1 x studio and 4 x 1 beds) over five floors.

    26 Bazely Street is a two bedroom house over two floors.

    Both buildings benefit from use of a communal yard area and a square rear garden behind 26 Bazely Street of approximately 27sqm.

    Extension / development potential subject to requisite consents

    Investment let at £74,040 per annum on guaranteed rent schemes.

    It is considered there is potential to improve rental through private letting and refurbishment. Interested parties must rely on their own investigations in this regard.

    Additional information

    Tenure

    Freehold

    Accommodation

    24

    Basement - Entrance Hallway, Open Plan Living Room / Kitchen, WC, Bedroom, Shower Room.

    Ground Floor - Open Plan Living Room / Kitchen / Bedroom, Bathroom/WC.

    First Floor - Entrance Hallway, Open Plan Living Room / Kitchen, Bedroom, Bathroom/WC.

    Second Floor - Entrance Hallway, Open Plan Living Room / Kitchen, Bedroom, Bathroom/WC.

    Third Floor - Entrance Hallway, Open Plan Living Room / Kitchen, Bedroom, Bathroom/WC.

    26

    Ground Floor - Entrance Hallway, Open Plan Living Room / Kitchen, Bathroom / WC.

    First Floor - Two Bedrooms.

    Rent

    Total current rent £74,040 per annum

    Notes

    Please note the site areas provided are approximate. The photos and red line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Located on the corner of Bazely Street and Mountague Place, predominated facing the green open space of All Saints Churchyard.

      Well placed for local amenities including Poplar High Street (approximately 150 yards), Chrisp Street Market (approximately 0.4m) and those within Canary Wharf.    

      Recreational amenities of Poplar Recreation Ground and Bartlett Park are both easily accessible.

      All Saints and Blackwell offer access to the DLR with Canary Wharf also connecting to the Jubilee Line and forthcoming Elizabeth Line Crossrail connection

      Transport

      All Saints - DLR

      Blackwell - DLR

      Canary Wharf - DLR / Jubilee Line

      Legal documents

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      EPC rating

      The EPC rating for this property is D

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums