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3 bedroom maisonette for sale
37A Lodge Avenue, Romford, Essex, RM2 5AB
£220,000
37A Lodge Avenue, Romford, Essex, RM2 5AB
£220,000
Our Summary
- FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 30TH JULY 2025 AT 12
Description
A three-bedroom first-floor maisonette is being sold by public auction on July 30th, 2025, with bidding available by telephone, proxy, and online. The property is a buy-to-let investment, currently let to a tenant at £1,700 per month, producing an annual income of £20,400. The leasehold property is located in Romford, near the town center, with easy access to local amenities, schools, and Raphael Park. The property features an entrance hall, lounge, kitchen, three bedrooms, and a bathroom/WC, with a share of the garden. The lease has 58 years remaining, with an annual ground rent of £50. The property is being sold with a tenant in occupation, making it an attractive investment opportunity.