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Ground Rents, Flats 2
Ground Rents, Flats 2-48 Chapel Court, Billericay, Essex
£70,000
Ground Rents, Flats 2-48 Chapel Court, Billericay, Essex
£70,000
Our Summary
- Important:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 24 July 2025
- For Sale by Online Auction
Description
Chapel Court is a purpose-built residential complex in Billericay, comprising 24 flats with a mix of one-bedroom and four-bedroom properties. The flats are situated near the mainline railway station, offering direct services to London, and are close to the town center with its shops, restaurants, and amenities. The freeholder is responsible for the maintenance, management, and insurance of the building, and the costs are recovered from the leaseholders through a service charge handled by a managing agent. The flats are let on varying terms, with some having peppercorn ground rents and others having increasing ground rents over time.