1 - 28 Heath Park Court, Romford, Essex, RM2 5UA
Guide price: £140,000 - £145,000*
Tuesday, 5th December 2017 11:00am
Location & Description
A large courtyard development of 28 units with communal parking and gardens. Situated on and set back from, the north side of Heath Park Road, just to the east of central Romford with its mainline station.
16 flats sold on 125 year leases from 01.01.2011 at £250 p.a.
6 flats sold on 125 year leases from 01.01.2012 at £250 p.a.
6 flats sold on 125 year leases from 01.01.2013 at £250 p.a.
Ground rents understood to double every 33 years to a maximum of £1,000 p.a. - Please see leases for confirmation.
EQUIVALENT TO £7,000 p.a.
The electricity sub station in the corner of the site has been removed from the Title and so the Title Plan takes priority over that in the catalogue. There are 8 leases from 2011, 9 from 2012 and 11 from 2013.