2 bed flat for sale

301 Gurney Close, Barking, Essex IG11

Guide Price = £160,000+

**For Sale By Public Auction 10th December 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A First Floor Two Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1984 (thus approximately 57 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Barking Park are within easy reach. Transport links are provided by Barking underground station (Circle & District and Hammersmith & City lines) and rail station.

Description
The property comprises a first floor two bedroom flat situated within a purpose built building arranged over ground and first floors. The property requires a program of refurbishment.

Accommodation
First Floor
Reception Room
Kitchen
Two Bedrooms
Bathroom

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
C


Addendum
Please note that this property is subject to a Buyers Premium of £1,560 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.