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Studio flat for sale
Flat 6, 87 Warley Hill, Warley, Brentwood, Essex CM14 5HN
£90,000
Flat 6, 87 Warley Hill, Warley, Brentwood, Essex CM14 5HN
£90,000
Our Summary
- *** FOR SALE BY LIVESTREAM AUCTION TUESDAY THE 20th OF MAY 2025 *** FOR MORE INFORMATION OR TO REGISTER TO BID PLEASE CONTACT THE AUCTIONEER
- OF INTEREST TO INVESTORS AND CASH BUYERS A VACANT STUDIO APARTMENT WITH OFF STREET PARKING IN NEED OF REDECORATION HELD ON REGISTERED LEASEHOLD NUMBER EX348173 FOR A TERM OF 99 YEARS FROM THE 29th SEPTEMBER 1986 THUS 60 YEARS REMAINING
- The property would benefit from decorative updating
Description
This vacant studio apartment is being sold by livestream auction on May 20th, 2025. The property is located in Brentwood, Essex, and is held on a registered leasehold for a term of 99 years from September 29th, 1986, with 60 years remaining. The apartment requires redecoration and is ideal for investors or cash buyers. It has the potential for a rental income of £9,000 per annum, yielding 10% if purchased at the guide price. The property features a communal entrance hall, kitchen/living/bedroom area, and shower room. It also has a good-sized front garden and off-street parking. The location is close to Brentwood railway station and town center, with easy access to the M25 motorway. Viewings are strictly by appointment with the auctioneer.