10 The Mews, Roding Lane South, Redbridge, Essex
MC

10 The Mews, Roding Lane South, Redbridge, Essex

By McHugh & Co

£ 25,000

McHugh & Co says ..

<p>TO BE SOLD BY ONLINE AUCTION AS LOT 214 ON TUESDAY 15 FEB 2022 - Freehold Reversionary Ground Rent Investment</p><p></p><div><br /><p><strong>London Borough of Redbridge</strong></p><br /><p>Situated in a cul de sac off Roding Lane South in a popular residential area close to local shopping/traveling facilities including Redbridge and Gants Hill Underground Stations (Central Line). Wanstead Park is also nearby.</p><br /><p>The property comprises a <strong>Reversionary Ground Rent Investment</strong> secured upon a <strong>Two Storey Terraced House</strong>.</p><br /><p>The property has not been internally inspected by McHugh & Co and prospective purchasers are deemed to have made their own enquiries.</p><br /><p>The property is subject to a lease for a term of 99 years from March 1960 at a ground rent of £15.45 per annum.<br /><span style="color:#ff0000">Valuable reversion in approximately 37 years.</span></p><br /><p><strong>Total Current Ground Rent £15.45 per annum</strong><br /><br /></p><br /><p></p><br /><p></p><br /></div>

Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
650,000.00 £
Decreased by 8.50 %
from 710,353.00 £
Average area rental value
1,850.00 £/mo
Increased by 0.49 %
from 1,841.00 £/mo
Est rental Yield
3.42 %
Increased by 9.97 %
from 3.11 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • McHugh & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Redbridge School Children'S CentreChildren's Centre0.82 KM
Redbridge Primary SchoolCommunity SchoolOutstanding0.89 KM
Wanstead High SchoolCommunity SchoolGood0.93 KM
Beacon Business Innovation HubFree Schools Alternative ProvisionGood1.18 KM
Beal High SchoolAcademy Converter1.18 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
College Gardens £ 000.00 KM
Corbett Road £ 824,99500.00 KM
Ranelagh Gardens £ 000.00 KM
Laura Close £ 000.00 KM
Gloucester Road £ 875,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manor Park6883MNP2.88 KM
Woodgrange Park7467WGR3.23 KM
Ilford6881IFD3.53 KM
Wanstead Park7408WNP3.57 KM
Forest Gate6876FOG3.89 KM

Nearby Properties

AddressPriceDistance
26 Roding Lane South £ 250,0000.00 KM
32 Roding Lane South £ 305,0000.00 KM
42 Roding Lane South £ 460,0000.00 KM
36 Roding Lane South £ 390,0000.00 KM
5 The Mews £ 163,0000.08 KM