A modern first floor apartment. Excellent location. Ideal investors. Currently rented on AST @ £12,300 per year, 12.9% gross yield.
ACCOMMODATION:
First floor, entrance hall, kitchen, reception, one bedrooms, bathroom.
LOCATION:
Tilbury is a port town in the borough of Thurrock, Essex, England. The present town was established as separate settlement in the late 19th century, on land that was mainly part of Chadwell St Mary. It contains a 16th century fort and an ancient cross-river ferry. Tilbury is part of the Port of London with a major deep-water port which contributes to the local economy. Situated 24 miles (38.5 km) east of central London and 23 miles (37 km) southwest of Southend-on-Sea (the nearest city), it is also the southernmost point in Essex.
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).
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