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2 bedroom maisonette for sale
281 Chigwell Road, Woodford Green, IG8 8PL
£180,000
281 Chigwell Road, Woodford Green, IG8 8PL
£180,000
Our Summary
- LOT 8 **FOR SALE BY ONLINE AUCTION** on 15th May 2025 In Same Ownership for Approximately 44 Years Leasehold 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 leasehold maisonette is situated on Chigwell Road, close to local amenities and transportation links, and has been in the same ownership for approximately 44 years. The property is self-contained on the ground floor and features two bedrooms, a bathroom, kitchen, and living room, with its own section of rear garden. It is currently let on an assured shorthold tenancy at £1,550 per month, producing an annual income of £18,600. A new 999-year lease will be granted at a peppercorn ground rent. The property has an EPC rating of D and is in Council Tax Band B. It will be sold by online auction on May 15th, 2025, with a guide price of £120,000 to £140,000 and a reserve price to be set by the seller. A buyer's fee of £1,200 incl. VAT will apply for lots sold over £10,000.