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!
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 -