By Order of The Executors

A 2 bedroom first floor flat (656 sq.ft. - source EPC) with private garden and a garage. The property will benefit from refurbishment and is vacant

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Description/Location

The property is located a short walk from the High Road with its range of bars, cafes and facilities. Post refurbishment we estimate a rental value of £1,500 pm / £18,000 pa. Loughton tube (City and Central Line) 0.8 miles approx.

Tenure

Leasehold - Lease term 99 years from 28/09/1963 (38 years unexpired)
EPC rating E
Council Tax Band C

Local Authority

Epping Forest District Council

Viewing

Please contact Balgores Network Auctions on 01277 369925.

Accommodation

Ground floor: Entrance hall with stairs to first floor First floor: Landing, living room, kitchen, 2 bedrooms, bathroom Outside: Garden, garage

Rent

Estimated rent £18,000 per annum

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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.