LOT 17

464B Ilford Lane, Ilford, Essex, IG1 2NF

LONG LEASEHOLD RESIDENTIAL INVESTMENT PLUS SHARE OF FREEHOLD
Result: Unsold, the last bid was £230,000. Please refer to Auctioneer for Reserve Guide price: £210,000 plus*

Auction Date

Tuesday, 16th July 2019 12:00pm

Location & Description

A self-contained first floor flat within a two storey terraced property. On the west side of Ilford Lane between Roman Road and Norman Road, almost opposite Loxford Lane.
Within close proximity of Barking mainline station, Vicarage Field shopping centre and with easy road access to the A406 and A13.

Accommodation

3 rooms, kitchen, bathroom/WC
Central heating, double glazing
Rear garden
Subject to a 3 year lease to Lettings International Ltd for 3 years from 11.12.2017 at a rent of £1,200 pcm.

Lease Details

A new 125 year lease to be granted on completion together with a share of the freehold.

EQUIVALENT TO £14,400 p.a.

Status

Unsold, the last bid was £230,000. Please refer to Auctioneer for Reserve

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.