Rose Court, Dolphin Approach, Romford, Essex, RM1 3QS
Guide price: £370,000 plus*
Tuesday, 5th December 2017 11:00am
Location & Description
A large purpose built four storey development of 37 apartments on the corner with Junction Road and Dolphin Approach (a cul-de-sac). Just to the north east of central Romford and the mainline station and within a short walk of the Mercury shopping centre.
37 apartments (age restricted) plus resident's lounge, lift, manager's office and secure parking.
All leases are for 125 years from 01.01.2007
30 x 2 bedroom at £500 p.a. each (doubling every 25 years).
7 x1 bedroom at £350 p.a. each (doubling every 25 years).
Leases state the freeholder receives 1% of the sale price of any flat which amounted to circa £5,000 in 2016
RTM formed by lessees
EQUIVALENT TO £17,450 p.a.
The contract copies of the special conditions will show the correct title number EGL 512755.