Residential · Flat · Leasehold

A First Floor One Bedroom Flat Subject to a Lease Agreement Producing £8,100 Per Annum

85D Dock Road, Tilbury, Essex, RM18 7BX

Property type
Flat
Tenure
Leasehold

Description

A First Floor One Bedroom Flat Subject to a Lease Agreement Producing £8,100 Per Annum The property comprises a first floor one bedroom flat situated within a detached block arranged over ground and first floors. Tenure: Leasehold. The property is held on a 155 year lease from 25th December 2022 (thus approximately 154 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of King George's Field are within easy reach. Transport links are provided by Tilbury Town rail station. Accommodation: First Floor Reception Room Kitchen Bedroom Bathroom Exterior: The property benefits from off street parking. Tenancy: The property is subject to a lease agreement at a rent of £675 per calendar month.

Financial Tools

Your estimated monthly payment
£208.44/mo
Deposit £12,500 (25%) Loan £37,500 Interest £25,031
Total cost £62,531 Total interest £25,031
Property price£50,000
Deposit25%
£12,500
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

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