Lot 28: TWO BEDROOM FLAT FOR INVESTMENT OR OWNER OCCUPATION

A two bedroom first floor flat located above shops in a small parade on the main road in Witham, close to all local shopping facilities (including Newlands shopping centre), public transport and just over half a mile walking distance to Witham mainline railway station (London Liverpool Street).

Ground Floor

Walkway to stepped porch (between the shops on Newland Street), communal entrance hallway and stairs to first floor level.

First Floor

Separate entrance door, hallway leading to living room, kitchen, two bedrooms and bathroom with W.C.

Tenancy

The property is currently let producing £7,800 per annum however we understand from the seller that the tenant has given notice and is due to vacate on 12th September.

Tenure

Sold on the remainder of a 125 years lease from 5th March 2002 at a ground rental of £200 per annum until 25th March 2027, increasing by that amount every 25th anniversary.

Residential EPC: C

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