Apartment for sale in Dagenham

This property is marketed by:
Connect UK Auctions

A first floor apartment. Excellent location. Ideal investors. Currently rented on AST @ £14,400 per year, 12% gross yield.

ACCOMMODATION:

First floor, entrance hall, kitchen, reception, one bedrooms, bathroom, terrace, parking.

LOCATION:

Dagenham is located approximately 11.5 miles (18.5 km) east of Charing Cross in Central London. The Becontree estate is largely in the pre-1965 borough of Dagenham, which also included Becontree Heath, part of Rush Green, Old Dagenham village, and the southern section around Dagenham Dock and adjacent to the River Thames. This southern section, which includes Ford Dagenham, is part of the London Riverside section of the Thames Gateway redevelopment zone.

VIEWING:

By appointment only

TENURE:

Leasehold

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Thursday 19th September 2024.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).