Description

* no onward chain ** over 50's retirement home ** communal lounge ** communal gardens ** first floor apartment with lift ** secure gated development ** full time on site manager *Lease 81 Years remainingGround rent £65.00 for six monthsService charge £2,398.03 per yearEntrance HallwaySmooth ceiling, laminated flooring, electric radiator, entry phone system, airing cupboard, storage cupboard, doors leading to:Lounge/Diner10'7 reducing to 8'2 x 21'2 Double glazed window to rear overlooking communa Continued...

Property features

  • * no onward chain *
  • * over 50's retirement home *
  • * communal lounge *
  • * communal gardens *
  • * first floor apartment with loft *
  • * secure gated development *
  • * full time on site manager *
  • Lease 81 Years remaining
  • Ground rent £65.00 for six months
  • Service charge £2,398.03 per year
Travel time to work:

  • Romford - 0.17km, 3 mins walk
    • National Rail
  • Gidea Park - 1.85km, 28 mins walk
    • National Rail
  • Emerson Park - 2.59km, 39 mins walk
    • National Rail

Rental Yield

Average rental value

£216pw

Average weekly rent of nearby 1 beds.

Annual rental yield

7.0%

Gross yield if rented for the average rent.

Sale price

Average asking price

£197,051

Average asking price of nearby 1 beds.

Value for money

19% cheaper

This property is cheaper than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Marketed by

Balgores Romford
5-6 Station Chambers, Victoria Road, Romford, RM1 2HS

01708 629412

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