Auction House London

Lot 58


1-14 Eden Lodges

Eden Avenue, Chigwell, Essex, IG7 5JE

Sold for £87,500.

A Freehold Ground Rent Investment Secured Upon a Block of Fourteen Self-Contained Flats Producing £3,500 Per Annum (Rising)


The property comprises a detached building arranged over ground and two upper floors internally arranged to provide fourteen self contained flats (all sold off).




The property is situated on a residential road close to local shops and amenities. The open spaces of Hainault Forest Country Park are within easy reach. Transport links are provided by Grange Hill underground station (Central line).


Flats 1-14 Eden Lodges are all sold off on 125 year leases from 31st March 2016 (thus approximately 120 years unexpired) with an initial rent of £250 per annum (each flat) doubling every 25 years.


The freehold includes two underground car parking spaces, not currently held on leases.


The freehold includes two underground car parking space, not four as previously advertised.

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

Enquire NowFinance AvailableStamp Duty Calculator
There are no internal viewings - For all enquiries, please contact Jamie Royston at
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

Share this lot

Similar Properties

Sold Prior
Lot 164

91 Wolfington Road West Norwood, London, SE27 0RH

*Sold prior to auction for an undisclosed amount.

Sold Prior
Lot 76

Overriding Lease at 33 South Bank Lodge South Bank, Surbiton, Surrey, KT6 6DA

*Sold prior to auction for an undisclosed amount.

Lot 111

Roof Space at 52 High Street Hampton Hill, Hampton, Middlesex, TW12 1PD

*Sold for £14,000.

Enquire about 1-14 Eden Lodges, Eden Avenue, Chigwell, Essex, IG7 5JE

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox


  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services


  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid


  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online


  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Auction House London
Site built by IVC
Copyright © 2024 Auction House London
Registered Address: 5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL Company No. 07048084
Footer Logos