Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
 

Lot 7

1 Lupin Lodge, 161 Hilldene Avenue, Romford, Essex

Photo of 1 Lupin Lodge, 161 Hilldene Avenue, Romford, Essex
Guide Price: *£175,000
 

Lot 7

This one bedroom ground floor flat is situated in a popular development within 1.2 miles of Harold Wood Station and within two miles of Gidea Park Station. Good road links serve the area including the A406 North Circular Road. The area is also close to bus routes, schools and recreational facilities. The flat is currently let on an Assured Shorthold Tenancy on a 24 month contract that ends on 11th November 2024 and will become periodic at £1150 per calendar month (£13,800 per annum). The property is being sold with the benefit of the ongoing income. We undertsand that the flat is presented in good order throughout. This lot will therefore be of interest to investment buyers.

ACCOMMODATION

Bedroom, Lounge, Kitchen, Bathroom, Balcony.

TENURE

Leasehold - 242 years remaining on the lease from 1st Jan 2025.

LOCAL AUTHORITY & TAX RATING

London Borough of Havering
Council Tax Band B
EPC Band B

VIEWING TIMES

By appointment throught the Auctioneers

Enquiry Form

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Price Information

*Guides 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. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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