Unit 2 Michigan Building, New Providence Wharf, Fairmount Avenue, Tower Hamlets - E14 9PB

Guide Price: £260,000

Beds: No data
Type: Commercial
Tenure: Leasehold

Property Details

BidX1 describes this property as:

Virtual freehold retail/dry cleaners investment. Let to Butlers Domestic Limited until December 2029 (1). Approximately 93.65 sq m (1,008 sq ft) . Currently producing £15,120 per annum

Auction Details

Auctioneer:
BidX1
Auction date:
Check auctioneer website - 26 May 2022
Venue:
Online Bidding

For viewings, biddings or more information:

Go to the BidX1 Website

Local Market Data

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We are unable to find enough local data to provide good comparisons for this type of property. The data we are providing covers there average for -all- properties

Average sold price:

£441,600

Average asking price:

£539,000

Average price per sq/ft:

£724
Date Price Beds Address Distance (miles)
18 Feb 2022 £618,000 10, Apartment 4210, Marsh Wall, E14 9PG 0.06
22 Dec 2021 £235,000 Flat 402, Ontario Tower, 4, Fairmont Avenue, E14 9JA 0.08
03 Dec 2021 £251,000 Flat 407, Ontario Tower, 4, Fairmont Avenue, E14 9JA 0.08
03 Sep 2021 £605,000 Flat 2104, Ontario Tower, 4, Fairmont Avenue, E14 9JD 0.08
30 Jun 2021 £405,000 Flat 1711, New Providence Wharf, 1, Fairmont Avenue, E14 9QJ 0.02
29 Jun 2021 £440,000 Horizons Tower, 1, Apartment 106, Yabsley Street, E14 9RG 0.09
28 Jun 2021 £560,000 Flat 704, Ontario Tower, 4, Fairmont Avenue, E14 9JA 0.08
18 Jun 2021 £365,000 Flat 2702, Ontario Tower, 4, Fairmont Avenue, E14 9JD 0.02
27 May 2021 £403,000 Horizons Tower, 1, Apartment 61, Yabsley Street, E14 9BH 0.09
24 May 2021 £610,000 Flat 2204, Ontario Tower, 4, Fairmont Avenue, E14 9JD 0.08
16 Apr 2021 £287,500 Flat 2309, Ontario Tower, 4, Fairmont Avenue, E14 9JD 0.08
16 Apr 2021 £450,000 Horizons Tower, 1, Apartment 120, Yabsley Street, E14 9RG 0.09
01 Apr 2021 £460,000 Horizons Tower, 1, Apartment 147, Yabsley Street, E14 9RG 0.09
22 Feb 2021 £650,000 Flat 309, New Providence Wharf, 1, Fairmont Avenue, E14 9PB 0.02
15 Feb 2021 £292,000 Flat 1701, Ontario Tower, 4, Fairmont Avenue, E14 9JB 0.08
26 Jan 2021 £1,600,000 Flat 2403, Ontario Tower, 4, Fairmont Avenue, E14 9JD 0.08
16 Dec 2020 £280,000 Ontario Tower, 4, 1001, Fairmont Avenue, E14 9JA 0.08
04 Dec 2020 £318,000 Flat 320, New Providence Wharf, 1, Fairmont Avenue, E14 9PL 0.02
12 Nov 2020 £910,000 Horizons Tower, 1, Apartment 160, Yabsley Street, E14 9RG 0.09
11 Nov 2020 £410,000 Flat 1332, New Providence Wharf, 1, Fairmont Avenue, E14 9QJ 0.02

We are unable to find enough local data to provide good comparisons for this type of property. The data we are providing covers there average for -all- properties

Average weekly rental: £444

Average yield: 4.3%

Weekly Rent Bedrooms Property Type distance (miles)
£462 2 detached_house 0.00
£475 2 flat 0.00
£360 1 flat 0.00
£370 1 flat 0.00
£560 2 flat 0.00
£427 1 flat 0.00
£380 1 flat 0.02
£485 2 flat 0.02
£475 1 flat 0.02
£508 2 flat 0.03
£300 flat 0.03
£575 2 detached_house 0.03
£390 1 flat 0.03
£404 1 flat 0.04
£323 flat 0.05
£450 2 flat 0.05
£495 2 flat 0.05
£519 2 flat 0.05
£530 2 flat 0.05
£375 1 flat 0.05