2 bedroom flat for sale

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2 bedroom flat for sale

Flat 41 Mayflower House, The Drive, Great Warley, Brentwood, Essex, CM13 3BG
£110,000

Our Summary

  • Guide Price = £110,000+ **For Sale By Public Auction 28th May 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Fifth Floor Two Bedroom Flat

Description

This vacant fifth-floor two-bedroom flat is being sold by public auction on May 28th, 2025, with a guide price of £110,000+. The property is leasehold, with approximately 84 years remaining on the 125-year lease from 1984. Located on a residential road, it's close to local shops, amenities, and transport links, including Brentwood Crossrail station and Shenfield rail station. The flat features a reception room with an open-plan kitchen, two bedrooms, and a bathroom, with communal gardens and allocated parking. The property is valued at £11,368.76 per annum based on the Local Housing Allowance (LHA) rate, making it an attractive investment opportunity. However, it's essential to note that the leaseholder will need to pay a premium to the freeholder if they wish to extend the lease to 90+ years.