icons_size_white icons_size
The UK's leading real estate marketplace
Guide Price
Any

Guide Price

Size
Any

Size

Bedrooms
Any

Bedrooms

All Filters
1 filter
1

Search area

322 Locations within

2

Size

3

Bedrooms

4

Guide price

7

Tenancy type

Residential properties for auction in Gidea Park, Essex

Create Alert 1 result
*UNSOLD, PLEASE REFER TO AUCTIONEER*

Location & Description
An attractive detached Grade Ii listed former school building which has been converted into 14 self-contained flats.
Forming part of the Academy Fields Development just to the east of central Romford with its shopping centre and mainline station (Crossrail from 2019) about ¾ mile away and Gidea Park mainline station (Crossrail from 2019) about ½ mile away.

Accommodation
Flats 1-14: Each sold on 125 year leases from 29.09.2004 at £250 p.a. (rising).
Rear basement & roof space: Each sold on 125 year leases from 29.09.2004 at a peppercorn. (See next 2 lots).

Basement storage cages 1-8 (inclusive): Each let on a yearly licence from 01.01.2018 at £200 p.a.

Note
The rear basement & roof space are each offered separately in the next 2 lots.

EQUIVALENT TO £5,100 p.a.
Academy Square, 1, Academy Fields Road, Romford, RM2 5UE
FREEHOLD GROUND RENT INVESTMENT PLUS INCOME FROM 8 STORAGE CAGES
Type: Flat, Residential
Location: Academy Square, 1 Academy Fields Road, Romford, RM2 5UE
Images: 2
Brochures: 1
View Property
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here