A recently refurbished 1 bedroom first floor maisonette (430 sq.ft. - source EPC) close to Gidea Park Elizabeth Line railway station. Estimated rental value £12,000 p.a.- vacant

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Description/Location

The property, which has a large loft space, has been refurbished to a high standard. Demand for rental properties in this area is extremely high, we estimate the current rental value is £1,000 pm. Gidea Park station 0.6 miles, Harold Wood 0.9 miles.

Tenure

Leasehold - 150 years from 07/09/2001
EPC rating F

Local Authority

Havering Council

Viewing

Please contact Balgores Network Auctions on 01708 470756.

Accommodation

First floor: Entrance hall, living room, kitchen, bedroom, bathroom Second floor: Large loft space

Rent

Estimated rental value £12,000 p.a.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.