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Auction
Freehold

Guide price

£400,000

Block of flats for sale

6 Chequers Parade, Ripple Road, Dagenham, Essex RM9
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Guide price

£400,000

Block of flats for sale
6 Chequers Parade, Ripple Road, Dagenham, Essex RM9

    Auction
    Freehold
    Added on 01/08/2025

    About this property

      For sale by auction 11/09/2025 £400,000 plus

      Freehold mixed use investment
      - shop & two flats - producing £40,200 P.A.

      Location & Description
      Comprising a shop with separate front access to two self-contained flats above.
      Forming part of a local parade near to the junction with Heathway and Goresbrook Road and opposite Merrielands Retail Park where occupiers include PureGym, tk Maxx and kfc. Dagenham Dock Railway station is within mile.

      Accommodation
      Shop: 417 sq ft (38.7 sq m) plus rear store
      Flats 6A & 6B: Each 1 bedroom, living room/kitchen, bathroom/toilet

      Tenancy Details
      Shop: Let on a Licence to Umar Rahim (trading as Dagenham Tuition Centre) for 5 years from 01.07.2022 at £1,000 per calendar month.
      Flat 6b: 12 month AST from 01.03.2025 at £1,100 pcm.
      Flat 6b: 12 month AST from 01.02.2025 at £1,250 pcm.

      Note
      Auction Surveyor: Robert Woolfe
      Contact:

      Producing equivalent to £40,200 P.A.

      EPC Rating
      Shop = C. Both Flats = D

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