This property has been taken off the market.
2 Bed Flat For Sale Express Drive, Ilford, IG3
£225,000- Flat
1 of 14
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Last Updated: 22nd May 2024
Description
*CASH BUYERS ONLY*
This is a good opportunity to buy a property in this popular development close to Goodmayes Station (Elizabeth Line). The property is ready to move in and has good size rooms and will suit the BTL market or the residential market.
The lease at the moment is close to 67 years, the owner has found out the cost of the lease extension and we have in writing the renewal costs, which will be as of 29/04/24 - £25,234 for an additional 90 years - freeholders cost is £1020 extra on top.
We can ask the owner to start the lease extension process and the buyer can overtake the process and pay for any costs incurred.
Council Tax Band: C (LB Redbridge)
Tenure: Leasehold (67 years)
Ground Rent: £100 per year
Service Charge: £111 per month
owner has lease extension cost as of 29/04/24 of £25,234 for an additional 90 years - freeholders cost is £1020 extra on top
This is a good opportunity to buy a property in this popular development close to Goodmayes Station (Elizabeth Line). The property is ready to move in and has good size rooms and will suit the BTL market or the residential market.
The lease at the moment is close to 67 years, the owner has found out the cost of the lease extension and we have in writing the renewal costs, which will be as of 29/04/24 - £25,234 for an additional 90 years - freeholders cost is £1020 extra on top.
We can ask the owner to start the lease extension process and the buyer can overtake the process and pay for any costs incurred.
Council Tax Band: C (LB Redbridge)
Tenure: Leasehold (67 years)
Ground Rent: £100 per year
Service Charge: £111 per month
owner has lease extension cost as of 29/04/24 of £25,234 for an additional 90 years - freeholders cost is £1020 extra on top
Agent Details
Highcastle Estates
51 Goodmayes Road, Ilford, IG3 9UF
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
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.
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.