A 2nd Floor Flat Offered As An Investment
53B River View, Chadwell St. Mary, Grays, Essex RM16 4BJ
£55,000
10 September 2025
GUIDE PRICE
AUCTION DATE
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. Leasehold. 125 years from 19 July 2019 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' B Term: 119 years remaining Annual ground rent amount : £100 Current Rating C Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Thurrock Council Spire Solicitors LLP (Norwich), Ref: Tracy Guest, Tel: 01603 886221 We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
53 River View, Chadwell St Mary, RM16 4BJ
Guide Price
£55,000
Auction Date
10 Sep 2025
Time
10:00
Lot
56
Venue
Online
Auctioneer
Auction House
Auction House
Auction House UK The Barn Newmarket Road Cringleford Norwich NR4 6UE
About Auction House
Auction House UK is a network of property auctioneers who cover the whole of the country. They operate over 40 auctions rooms nationwide, holding in excess of 200 auctions and selling over 3,000 properties every single year. They have won numerous industry awards over the past five years, including gaining the title of Residential Auction House of the Year and Franchise/Network Group of the Year on multiple occasions.