Lot 43 Two-bedroom Maisonette For ImprovementAuction Date:
8th February 2023
5A Balgores Crescent, Gidea Park, Romford, RM2 6AB
On behalf of the Executors
A substantial first floor maisonette, located in a popular and much sought after location in Gidea Park, within easy reach of local shopping facilities on Main Road and public transport into Romford Town Centre and station. Although now requiring a program of refurbishment, the flat offers potential for investors, buy to let landlords and even for owner-occupation.
Ground Floor
Separate street entrance door.
First Floor
Landing, two bedrooms, living room, kitchen, shower room, separate WC.
Outside
From the kitchen there is a door leading to a metal fire-escape staircase to the ground floor to the rear of the building, where there is a small section of rear garden.
Tenure
Remainder of a 99-year lease from 8th November 1958. Neither the Sellers nor the Auctioneers are party to any information in connection with extending the lease and therefore interested bidders should make their own investigations prior to the auction.
Council Tax Band C
Leasehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
