This property has been taken off the market.

1 Bed End Terrace House For Sale Front Lane, Upminster, RM14

£200,000- End Terrace

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 18th May 2024

Description

** For sale by public auction on 6th June at 12:00 **\r
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Location & Description\r
The property is located in a mixed residential and commercial area of Upminster, at the junction of Front Lane and Moor Lane, opposite the Upminster London Underground train depot. The property comprises a semi detached ground floor retail unit trading as a cafe, with a one bedroom flat at first floor level, and rear yard area. \r
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Accommodation\r
Ground and First Floor108 Sq M (1,162 Sq Ft)\r
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Lease Details\r
The property is let by way of a lease for 12 years from 20/02/2019 at a rent of £15,000pa\r
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Tenure\r
Freehold\r
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Note\r
1. It is understood that the tenant is in arrears.\r
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2. The rent review for 2023 is outstanding. \r
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Auction Surveyor: Michael Mercer\r
Contact: michael. \r
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EQUIVALENT TO £15,000 p.a.\r
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EPC Rating\r
C\r
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Viewing Times
Agent Details
Strettons Auctions
Waltham House, 11 Kirkdale Road, London, E11 1HP

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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