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Lot 6 - FREEHOLD PAIR OF TWO BED FLATS LET ON ASTs PRODUCING £2,650 PCM (£31,800 P.A.)

Lot 6 - FREEHOLD PAIR OF TWO BED FLATS LET ON ASTs PRODUCING £2,650 PCM (£31,800 P.A.)

Address

2 Colenso Road, Seven Kings, Ilford, Essex, IG2 7AG, England

Auction date

10 Jul 2025

Guide price

£400,000

Type

Flat

Tenure

Freehold

EPC Rating

C

Auctioneer

Strettons

Description

An end of terrace, two storey property comprising a pair of self-contained flats. Situated in a popular residential area near Aldborough Road South, approximately half a mile from Seven Kings Park and a quarter mile from Seven Kings railway station (Elizabeth line) and local shops.

Ground Floor Flat: 2 bedrooms, living room, kitchen, bathroom/toilet, rear garden.First Floor Flat: 2 bedrooms, living room, kitchen, bathroom/toilet.

The Ground Floor Flat is let on a 12-month AST from October 10, 2024, at £1,200 pcm. The First Floor Flat is let on a 12-month AST from July 1, 2024, at £1,450 pcm, generating a combined annual income of £31,800.

Energy Performance Ratings: Ground Floor = D, First Floor = C.

Last update: 26 Jun 2025

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