Lot 136

TWO-BEDROOM APARTMENT INVESTMENT

5 Evergreen Apartments, 253-269 High Road, Woodford Green, Essex, IG8 9FB
5 Evergreen Apartments, 253-269 High Road, Woodford Green, Essex, IG8 9FB
Available At £380,000 + Fees

Currently let at £18,000 per annum

Applicants may view the lot externally only

This first floor flat is located in an established apartment building along Woodford High Road, at the corner junction with Derby Road, in close proximity to local shopping facilities and within easy reach of public transport. The nearest station is South Woodford Underground (Central Line). There are good transport links to the A406/M11 and the open recreational areas of Epping Forest are just a short walk away.

The flat is currently let on an Assured Shorthold Tenancy Agreement and represents an ideal investment opportunity. The building offers an entry security system and access to the rooftop terrace. The flat has its own balcony which faces onto Woodford High Road, double glazed windows and a gas heating system via radiators.

Ground Floor

Communal ground floor entrance with security system, stairs and lift to all floors.

First Floor

Two bedrooms, en-suite shower room/W.C., main bathroom with W.C., open plan kitchen/living space with balcony.

Outside

One allocated underground car parking space.

Tenancy

Let on an Assured Shorthold Tenancy Agreement for an original term of six months, from 19th May 2021, at a current rent of £1,500 per calendar month.

Tenure

Remainder of 125-year lease (less one day) from 21st July 2008 at a current ground rental of £300 per annum and rising.

Viewing

The property can only be viewed strictly by appointment with the Auctioneer's office. Interested parties are requested not to contact the tenants directly.

5 Evergreen Apartments, 253-269 High Road, Woodford Green, Essex
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Important

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/