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277 & 279 Chigwell Road, Woodford... 2 bed maisonette for sale
277 & 279 Chigwell Road, Woodford Green, IG8 8PL
£180,000
277 & 279 Chigwell Road, Woodford Green, IG8 8PL
£180,000
Our Summary
- LOT 14A **FOR SALE BY ONLINE AUCTION** on 1st July 2025 In Same Ownership for approximately 44 Years Freehold Maisonette Investment Situated on Chigwell Road, close to local shopping/travelling facilities including Woodford and South Woodford Underground Stations (Central Line)
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each 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
- Guide prices will be continually updated on our website up until the day of the auction
Description
This property is a freehold maisonette investment located on Chigwell Road, close to local shopping and transportation facilities. The property is arranged as two self-contained maisonettes, one on the first floor and one on the ground floor, with a shared rear garden. The ground floor maisonette is let on an assured shorthold tenancy for £1,500 per month, producing an annual income of £18,000. The first floor maisonette is sold off on a lease for a term of 189 years from 1983. The property has an EPC rating of C and is in Council Tax Band C. The guide price for the property is between £250,000 and £300,000, and a buyer's fee of £1,200 or £300 will be payable to McHugh & Co, depending on the sale price. The seller may also charge additional fees upon completion.