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Ground Rents, Flats 37
Ground Rents, Flats 37-53A Hawkley Court, Chapel Street, Billericay, Essex
£50,000
Ground Rents, Flats 37-53A Hawkley Court, Chapel Street, Billericay, Essex
£50,000
Our Summary
- Important:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 24 July 2025
- For Sale by Online Auction
Description
Hawkley Court is a purpose-built three-story block in Billericay, comprising 12 two-bedroom flats, situated close to the mainline railway station with direct services to London and the town center with its shops, restaurants, and amenities. The freeholder is responsible for the maintenance, management, and insurance of the building, recovering costs from the leaseholders through a service charge handled by a managing agent. The flats are tenanted, with varying lease lengths and ground rents, ranging from peppercorn to £2,000 per annum. The auctioneer's note warns that Section 5B Notices have been served, and the leaseholders have not reserved their rights under the Landlord & Tenant Act 1987.