LEASEHOLD VACANT TWO BEDROOM FLAT FOR INVESTMENT
This first floor flat is located in a small residential development built in 2003, within easy reach of local shopping facilities on the A118 Chadwell Heath High Road and just under a mile from Chadwell Heath Mainline Station (London Liverpool Street). The arterial road junction at Barley Lane of the A12 (linking travel into London and out into Essex) is a short drive to the north.
Ground Floor
Communal Entrance to first floor landing.
First Floor
Separate front door, hallway, internal bathroom/W.C., two bedrooms, living room/dining area, kitchen.
Outside
Communal gardens and an allocated car parking space.
Tenure
The remainder of a 150 year lease from 1st October 2001 at a ground rental of £170 per annum.
Auctioneers Note
The property was previously let on an Assured Shorthold Tenancy Agreement. We understand from the seller that local rents for this type of flat would reach between £1,300 to £1,400 per calendar month. We advise that interested parties should make their own investigations as to the future rental potential.