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Flat 64 Stanford House, Princess... 1 bed flat for sale
Flat 64 Stanford House, Princess Margaret Road, East Tilbury, Tilbury, Essex, RM18 8YR
£50,000
Flat 64 Stanford House, Princess Margaret Road, East Tilbury, Tilbury, Essex, RM18 8YR
£50,000
Our Summary
- Guide Price = £50,000+*For Sale By Online PublicAuction 12th February 2025 09:30 AM
Description
This property is a third-floor one-bedroom flat located in a purpose-built block in East Tilbury, close to local shops and amenities. The flat benefits from a lift and communal gardens, and is held on a 99-year lease from 1982, with approximately 56 years remaining. The property is currently subject to an Assured Shorthold Tenancy, producing £8,100 per annum, and is being sold by online public auction on February 12th, 2025. Prospective buyers should note that the property has a short lease and that extending the lease to 90+ years may require paying a premium to the freeholder. The flat is situated in a convenient location with easy access to transport links and local amenities.