Lot 1 - Flat 214 Orchard Court, Wood Lane, Hornchurch, Essex, RM12 5NH
- Unconditional Online Auction Sale
- Guide Price* : £130,000
- Duplex Apartment
- Two Bedrooms
- Allocated car parking space
- Easy reach of local shops
- In need of modernisation
- Investment Property Let at £11,260.08 per annum
ON BEHALF OF LPA RECEIVERS: Two bedroom duplex flat Let at £11,260.08 per annum
Description
A two bedroom duplex flat which is located over second and third floors and benefits from an allocated car parking space. The property is in dated condition and would benefit from a scheme of refurbishment. It is currently occupied by a tenant paying £216.54 per week.
Location
The apartment block is located on Wood Lane close to the junction with South End Lane. It is situated within easy access of local shops and Elm Park town centre with extensive shopping facilities and bus services. Elm Park underground station is a 10 minute walk from the property, with journeys into central London taking around 1 hour on the district line.
Tenure
The property is held Leasehold
Accommodation
Accessed via an external staircase and walkway:
Second Floor: Hall, Lounge and Kitchen
Third Floor: Two Bedrooms and Bathroom/W.C
Outside
Car parking space at the front of the property. Shared garden area at the rear.
Tenancies
The Receivers have not had sight of the Tenancy Agreement. The tenant has advised that they have been in occupation since August 2016 paying £216.54 per week (£11,260.08 per annum).
EPC
Energy Performance Asset Rating - D
Council Tax Band
B
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. Please note completion will take place 5 weeks from the date of exchange.
2.The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
3. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
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