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2 VACANT LONG LEASEHOLDS: REAR BASEMENT & ROOF SPACE BOTH WITH RESIDENTIAL POTENTIAL

Guide price: £60,000 plus each *

Auction Date

Tuesday, 22nd May 2018 11:00am

Location & Description

A self-contained basement area and a roof space in this attractive detached Grade II listed former school building which has been converted into 14 self-contained flats. (See previous lot).
Forming part of the Academy Fields Development just to the east of central Romford with its shopping centre and mainline station (Crossrail from 2019) about ¾ mile away and Gidea Park mainline station (Crossrail from 2019) about ½ mile away.

Accommodation

Lot 39: Rear self-contained basement area (see plan)
Potential for a flat (stp) - scheme prepared shows 1-bedroom.
Lot 40: Roof space on part of building (see plan) - seller advises 1,600 sq ft.
Potential for a flat (stp) - scheme prepared shows 2-bedrooms 1 with en-suite.
OFFERED VACANT WITH POTENTIAL FOR RESIDENTIAL SUBJECT TO CONSENTS

Lease Details

Each lease is for 113 years from 2016 at a peppercorn - both leases allow for two parking spaces each.

Property Features

  • 2 Long Leaseholds
  • Residential Potential (stp)
  • Near Town Centre and Station
  • Vacant

Result

Lot 39 - Available at £60,000 Lot 40 - Available at £60,000

Legal Documents

LOT Legal Document
39 View Documents
40 View Documents

Addendum

There are NEW special conditions as clauses 8 and 10 have been slightly altered with regards to buyer's costs and registration of the lease at the Land Registry.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates. 

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.