1 bedroom retirement property for sale

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1 bedroom retirement property for sale

9 Admiral Lodge, Western Road, Romford, Essex, RM1 3LN
£68,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION ON THURSDAY, 10TH APRIL 2025 AT 12

Description

This one-bedroom retirement apartment is located in central Romford, close to shops and the station, making it an ideal buy-to-let investment opportunity. The property is part of a block with 18 self-contained apartments, featuring communal parking and gardens. The apartment itself has a Juliet balcony overlooking the communal garden and pull cord alarms. The lease requires the occupier to be 60 years of age or over, with some exceptions for husband and wife occupants. The property is subject to a 99-year lease with 63 years remaining, and the service charge is £2871 per annum, with a ground rent of £100 per annum. The property has a strict no pets policy and is being sold by public auction on April 10th, 2025, with bidding available by telephone, proxy, and online.
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