Lot 48


Ground Rents, 7 & 7A Marshalls Road, Romford, RM7 7EL
Ground Rents, 7 & 7A Marshalls Road, Romford, RM7 7EL
Sold £12,750

Currently let at £100 per annum

A freehold semi-detached building of two flats producing a total ground rental of £100 per annum, rising throughout the term. The property is located in an established residential area of Romford, close to the town centre with its shopping facilities and public transport.

Flat 7 has been sold on a 189 year lease, from 17th February 1986, at a current ground rental of £50 per annum and Flat 7A has been sold on a 99 year lease, from 17th December 1986, at a current ground rental of £50 per annum.

The leases provide for the freeholder to insure and repair the building recovering the costs from the leaseholders, however we understand from the seller's solicitors that this has not been enforced on the leaseholders and they have been allowed to insure individually.

Auctioneer's Note

Section 5(b) Notices under the Landlord and Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.


All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/