Church Terrace, Linden Way, Canvey Island, Essex, SS8 9HZ
- PROPERTY TYPE
Block of Apartments
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold
- External viewings only
Description
FREEHOLD GROUND RENT INVESTMENT: TO BE OFFERED ON WEDNESDAY 24TH JULY AT 12PM. TELEPHONE AND PROXY BIDS ONLY.
Freehold ground rent investment block of ten flats all sold on long leases. This purpose built block of flats was completed in 2006 with each of the flats having been sold with leases of 125 years. The ground rent is currently charged at a rate of £210 per annum per flat and therefore this produces a combined income of £2,100 per annum.
Please note that this is a Freehold Ground Rent Investment sale only. The flats are NOT included in this sale. The building ( and the flats within it ) have not been inspected by Dedman Gray Auctions Ltd
We understand that, at present, the ground rent is £210 per annum per property. This currently produces a total income of £2,100 per annum.
Each of the 10 flats have the same lease terms which are as follows:
125 years from 1st July 2006
For further information relating to the leases and ground rents please refer to the Legal Pack
Please note that this lot will not be offered in the main auction on 25th July and instead will be offered separately on Wednesday 24th July at 12pm. To register to bid by Proxy or Telephone please visit our website.
Brochures
Legal Documents- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Church Terrace, Linden Way, Canvey Island, Essex, SS8 9HZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Benfleet Station1.7 miles
- Leigh-on-Sea Station3.1 miles
- Pitsea Station4.1 miles
About the agent
Dedman Gray Auction, Essex
103 The Broadway, Thorpe Bay, Essex, SS1 3HQ
Dedman Gray Auction Ltd are based in Thorpe Bay in Southend on Sea, Essex and are firmly established as one of the top 20 UK national auctioneers, holding regular land and property auctions.
Buying or selling land and property at auction is ideal if you wish to remove the uncertainties of the normal selling process. A sale by public auction demonstrates the best possible price has been obtained taking into consideration market conditions and the position and repair of the property. Dedm
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 248589. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dedman Gray Auction, Essex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auction, Essex on 01702 311010.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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