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Lot 42 - FREEHOLD GROUND RENT INVESTMENT - FOUR FLATS PRODUCING £300 P.A. (ONE WITH 78 YEARS UNEXPIRED).

43 Junction Road, Romford, Essex, RM1 3QR

Guide Price £5,000 PLUS *
Thu Sep 11 2025
11:00am
To be auctioned in :
  • 12
    Days
  • 16
    Hours
  • 51
    Mins
  • 58
    Secs

Property Description

A semi-detached property comprising four flats in a popular residential area located approximately ½ mile from Romford Station.

Flat A, 43 Junction Road 99 Years from 09.11.2004 (about 78 years unexpired) at a current ground rent of £300 p.a. rising by £300 every 33 years.
Flat B, 43 Junction Road 170 Years from 12.10.2023 at a peppercorn.
Flat C, 43 Junction Road 189 Years from 24.09.2021 at a peppercorn.
Flat D, 43 Junction Road 189 Years from 19.07.2021 at a peppercorn.

ONE FLAT WITH 78 YEARS UNEXPIRED PRODUCING £300 P.A.

Auction Surveyor: Stuart Mackay
Contact: 020 8509 4447 / 07928 456 982
stuart.mackay@strettons.co.uk

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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43 Junction Road, Romford, Essex, RM1 3QR

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