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Flat 6, 87 Warley Hill, Warley, Brentwood, Essex CM14 5HN

Guide Price £90,000 plus fees

Lot 6

Auction Date:

20th May 2025
at 12:00 pm
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EPC Rating: D

Council Tax Band: A

Tenure: Leasehold

Lease Unexpired: 60 years

    OF INTEREST TO INVESTORS AND CASH BUYERS A VACANT STUDIO APARTMENT WITH OFF STREET PARKING IN NEED OF REDECORATION HELD ON REGISTERED LEASEHOLD NUMBER EX348173 FOR A TERM OF 99 YEARS FROM THE 29th SEPTEMBER 1986 THUS 60 YEARS REMAINING

    This is an ideal investment property with a potential rental income of £9,000 p.a. thus a potential yield of 10% if purchased at Guide. The property is located close to Brentwood railway station and has an off street parking space to the rear. The property would benefit from decorative updating.

    ACCOMMODATION

    Communal Entrance Hall
    Kitchen/ Living /Bedroom Area: 21’2″ X 9’10” (6.45m’ X 3.00m)
    Shower Room: 3’3″ X 6’10” (0.91m X 2.08m)

    EXTERIOR

    Set back from the road the property has a good size front garden that is surrounded by bushes, the main area is laid to lawn and there is a footpath leading to the front door. The rear of the property is configured as a large car parking area which is accessed from Junction Road

    LOCATION

    Brentwood is a town in Essex, in the London commuter belt 20 miles (30 km) north-east of Charing Cross and close to the M25 motorway. The property is located about 3/4 of a Mile to the South of Brentwood Town Centre with it’s shops, bars and restaurants. Brentwood Mainline Railway Station is less than a 1/4 of a Mile to the North of the property.

    VIEWING

    Strictly by appointment with the Auctioneer

    Additional Fees

    Administration Fee
    0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
    Buyer's Premium
    1.2% inc VAT of the purchase price, subject to a minimum of £2250 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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    Flat 6, 87 Warley Hill, Brentwood