A 2nd floor Flat offered as an investment as subject to an existing Shorthold Tenancy at £550 PCM

A spacious Leasehold 2nd floor flat one bedroom Flat, with some 119 years remaining on the Lease situated in a popular position within Chadwell St Mary. Tilbury Town and Grays Railway stations are 1.4 and 1.9 miles distant, respectively. Local shops are nearby but Grays Town Centre is a short drive away. The flat is let on an Assured Shorthold Tenancy and the current Tenancy has expired. The Current Rent is £550 PCM, we feel that there is good scope for a rent increase.

Tenure

Leasehold. 125 years from 19 July 2019

Communal entrance Door and staircase (only one other flat) leads up to the

Second Floor

Entrance hall 14'4" x 2'6" Living room 17.'3 x 14'3" (Max as sloping ceilings) Bedroom 12'7" x 9'2" Kitchen 10' x 6' Bathroom 9'4" x 5'

Council Tax Band

B

Leasehold Information

Term: 119 years remaining Annual ground rent amount : £100

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Thurrock Council

Solicitors

Spire Solicitors LLP (Norwich), Ref: Tracy Guest, Tel: 01603 886221

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.