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Market Place, Nayland Court, RM1

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

710 sq ft

66 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • A WELL PRESENTED TOWN CENTRE APARTMENT
  • IN THE HEART OF ALL AMENITIES A SHORT WALK TO STATION
  • TWO GOOD SIZE BEDROOMS
  • EN-SUITE SHOWER ROOM TO BEDROOM ONE
  • ADDITIONAL MODERN BATHROOM
  • OPEN PLAN LOUNGE/KITCHEN
  • EXCELLENT OUTSIDE SPACE
  • 107 YEAR LEASE REMAINING
  • SECURITY ENTRY SYSTEM
  • NO ONWARD CHAIN

Description

GUIDE PRICE: £280,000 to £290,000

Nestled in the heart of the town centre, this well presented two bedroom apartment offers a prime location with convenient access to all amenities and just a short walk to the train station.

The property boasts two generous bedrooms, en-suite shower room to the master bedroom and additional bathroom.

The open plan lounge/kitchen creates a vibrant living space perfect for entertaining.

Residents can enjoy excellent outside space via the terrace area.

Security is ensured with the inclusion of an entry system.

107-year lease remaining, this property is ideal for those seeking a long-term investment. Offered with no onward chain, this apartment presents a fantastic opportunity for both owner-occupiers and investors alike, generating a gross rental yield in circa of 6.4% based on a rental value of £1600 per calender month.


EPC Rating: C

Lounge/Diner

5.54m x 3.3m

Kitchen

2.95m x 2.33m

Bedroom One

3.96m x 2.88m

En-Suite Shower Room

2.22m x 1.54m

Bedroom Two

3.47m x 3.01m

Bathroom

2.33m x 1.66m

Property Information

Tenure: Leasehold
Lease Details: 125 years from 01/01/2007
Lease Remaining: 107 years
Service Charge: £2507.36 pa
Ground Rent: £250 pa increasing every 40 years by £250
Council Tax Band: D
EPC: C

Brochures

Brochure 1

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£250 per year (100% increase reviewed every 40 years)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£2507.36

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

107 years left

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: D

Market Place, Nayland Court, RM1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Romford Station0.4 miles
  • Gidea Park Station1.0 miles
  • Emerson Park Station1.8 miles
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About the agent

Accord Sales & Lettings, Romford

221 Pettits Lane North Romford RM1 4NU

Accord Sales & Lettings, Romford

Accord is an independent family run estate agency with offices in Romford and Upminster offering property sales, residential lettings and management throughout Havering and surrounding areas. Accord are proud to provide a friendly, helpful service based on sound knowledge and experience. We understand that effective communication is vital and we are here to guide buyers, sellers, landlords and tenants alike through the complicated sales and lettings processes. To provide our clients with tota

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 87297413-9c14-4d95-bfbd-0039e4ad64a0. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Accord Sales & Lettings, Romford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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