LEASEHOLD TWO BED FIRST FLOOR FLAT LET ON AST £1,250 PCM (£15,000 P.A.)
Address
119A Ripple Road, Barking, Essex, IG11 7NY, England
Auction date
10 Jul 2025
Guide price
£150,000
Type
Flat
Tenure
Leasehold
EPC Rating
Unknown
Auctioneer
Strettons
Description
This is a self-contained first floor flat located at the corner of St Erkenwald Road and A123 Ripple Road. The property is opposite a Lidl Supermarket and around half a mile from Barking station, which offers various transport options. Barking town center and Vicarage Road shopping area are also nearby.
- Leasehold with approximately 60 years remaining on the lease from a total of 99 years.
- Current ground rent is £100 per annum.
- The flat includes 2 bedrooms, a living room, kitchen, and bathroom/toilet.
- Currently let for £1,250 per calendar month, generating an annual income of £15,000.
Last update: 21 Jun 2025
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