25% BMV - 2 bedroom apartment with open plan reception and balcony
2 bedroom flat for sale
The apartment forms part of a purpose development located on Castle Road, RM9 and very close to Upney Underground Station, which offers excellent transport links into central London, the City of London and the West End.
It is also well located for travelling in to Lakeside and surrounding areas.
That flat benefits from two double bedrooms, large open plan reception/lounge & diner with access to a balcony as well as a well proportioned fitted kitchen and family bathroom with w/c/
The site is gated with door entry systems.
Tenure; leasehold (900+ years)
The property is being sold with a tenant in situ on a periodic AST (expired April 2016). The occupant has rent arrears and the vendor in the process of eviction proceedings.
The vendor is willing to sell the property for offers no less than £165k with buyer taking over existing tenant situation.
All the apartments in the block are near identical in term of layout and specification. In terms of comparable, a 2 bedroom apartment sold at the end of April 2016 for £215k. With the current asking price, this would equate to a discount of around 25% thereby making it a 25% BMV transaction.
Finders fees apply.
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.