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
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Metrics Year-on-Year
- Average area value
- 650,000.00 £Decreased by 8.50 %
- Average area rental value
- 1,850.00 £/moIncreased by 0.49 %
- Est rental Yield
- 3.42 %Increased by 9.97 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
McHugh & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Redbridge School Children'S Centre | Children's Centre | 0.82 KM | |
| Redbridge Primary School | Community School | Outstanding | 0.89 KM |
| Wanstead High School | Community School | Good | 0.93 KM |
| Beacon Business Innovation Hub | Free Schools Alternative Provision | Good | 1.18 KM |
| Beal High School | Academy Converter | 1.18 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| College Gardens | £ 0 | 0 | 0.00 KM |
| Corbett Road | £ 824,995 | 0 | 0.00 KM |
| Ranelagh Gardens | £ 0 | 0 | 0.00 KM |
| Laura Close | £ 0 | 0 | 0.00 KM |
| Gloucester Road | £ 875,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manor Park | 6883 | MNP | 2.88 KM |
| Woodgrange Park | 7467 | WGR | 3.23 KM |
| Ilford | 6881 | IFD | 3.53 KM |
| Wanstead Park | 7408 | WNP | 3.57 KM |
| Forest Gate | 6876 | FOG | 3.89 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Roding Lane South | £ 250,000 | 0.00 KM |
| 32 Roding Lane South | £ 305,000 | 0.00 KM |
| 42 Roding Lane South | £ 460,000 | 0.00 KM |
| 36 Roding Lane South | £ 390,000 | 0.00 KM |
| 5 The Mews | £ 163,000 | 0.08 KM |