2 bed flat for sale

Baywood Square, Chigwell IG7

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £160,000.
Welcome to Baywood Square in the sought-after area of Chigwell! This charming property offers a fantastic opportunity for those looking to invest in a renovation project and good yield. With 1 reception room, 2 bedrooms, and 1 bathroom spread across 608 sq ft, this home provides a cozy and manageable space to make your own.

Situated in a desirable location, this property boasts a lease remaining for 84 years, making it an attractive option for those seeking a long-term investment. The EPC rating of C ensures that the property is energy efficient, saving you money on utility bills in the long run.

Priced accordingly for a renovation project, this home presents the perfect canvas for you to unleash your creativity and design flair. With the potential for a 7%-9% yield, this property not only offers a chance for personalization but also promises a lucrative return on investment.

Don't miss out on this opportunity to own a piece of Chigwell and turn this property into the home of your dreams. Contact us today to arrange a viewing and start envisioning the endless possibilities that this property holds for you!

Immediate ‘exchange of contracts’ available
Being sold via ‘Secure Sale’

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Remaining lease of 84 years (renewable)
Ground rent £10 per annum
Service charge £1502.69 - (01/04/24 to 31/03/25)
Building Insurance £530.70

Bedroom 1 (3.71 x 3.30 (12'2" x 10'9"))

Bedroom 2 (3.71 x 1.85 (12'2" x 6'0"))

External

Kitchen (2.94 x 2.64 (9'7" x 8'7"))

Living Room (4.28 x 3.71 (14'0" x 12'2"))

Balcony (3.71 x 0.92 (12'2" x 3'0"))

Hallway