Currenlty listing 463 upcoming property auctions in the UK
Basement
Address
See address
Auction date
17 Jun 2025
Guide price
£20,000
Type
Residential
Tenure
Leasehold
EPC Rating
Unknown
Status
Ended
Description
This basement within a residential block is of interest to developers, offering potential for a one-bedroom flat, subject to necessary consents. Located on Breakspears Road, an area favored by families and young professionals, the property is well connected to Central London.
Last update: 27 Nov 2025
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This basement within a residential block is of interest to developers, offering potential for a one-bedroom flat, subject to necessary consents. Located on Breakspears Road, an area favored by families and young professionals, the property is well connected to Central London.
Auction Date
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This is a freehold ground rent investment represented by a detached property comprising eight flats, including four 2-bedroom and four 1-bedroom accommodations, all sold on leases. It is conveniently located near the amenities of Plaistow.
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This property represents an excellent investment opportunity, particularly for first-time buyers or developers. Once refurbished, it could reach an end value between £50,000 and £60,000 based on recent sales in the area. Current comparable rents for similar properties are around £525 or more, offering a great yield of approximately 35%. The location is convenient for local amenities including supermarkets and schools.
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