2 bed apartment to buy in IG7

Baywood Square, Chigwell, Essex, IG7 4AY

Starting Bid
£160,000

Sold

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

2 bed apartment to buy in IG7

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 83 years (renewable)
Ground rent £10 per annum
Service charge £2,016 (2025-2026)
Building Insurance £530.70


Summary

  • Property Type: Apartment
  • Bedrooms: 2
  • Receptions: 1
  • Tenure: Leasehold
  • Heating: Electric
  • Parking: Allocated
EPC for 2 bed apartment to buy in IG7