Map1 bedroom flat
Key information
Features and description
- Tenure: Leasehold (106 years remaining)
- 11% Gross Yield off current Guide Price
- Excellent Residential Investment
- Convenient Chigwell Location
- Good sized Flat with Double Bedroom
- UPVC Windows and Gas Central Heating
- Residents Permit Parking Scheme
- Guide price: £130,000
- For sale by online livestream auction
- Unless previously sold or withdrawn prior
- 11:00am Wednesday, 11th December 2024
FOR SALE BY LIVESTREAM ONLINE AUCTION - 11:00AM, WEDNESDAY, 11th DECEMBER 2024
TO REGISTER FOR LEGAL PACK AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Excellent high yielding residential flat investment
A good sized second floor purpose built flat with 106 years remaining on the Lease. Larchwood House is a ten storey block in a residential area of Chigwell, just over a mile from Grange Hill and Hainault tube stations. Hainault Forest is very close by.
The property benefits from UPVC windows and gas central heating.
The flat is let on an AST expiring in August 2025 at a rent of £1,200 pcm giving a gross yield of 11% off the current guide price!
Baywood Square benefits from residents parking permits.
Ground Floor Communal secure entrance with entry system.
Two passenger lifts give access to all floors
Second Floor Personal Entrance Door,
Entrance Hall 11'8" x 5'4" max
Lounge 14'5" x 12'2"
Terrace 14'5" x 3'4"
Kitchen 10' x 8'4"
Bedroom 13'9" x 9'3"
Bathroom 6' x 6'
Council Tax Band A
Lease Details Term: 125 years from 21.03.2005 (106 years unexpired)
Annual Service Charge: Please refer to legal pack
Annual Ground Rent: £10.00
Viewings Individual viewings can be arranged. Please call the Chelmsford Office to book an appointment.
Tenure: Leasehold
Lease Details: 125 years from 21/03/2005
EPC Rating: C
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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