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Guide price

£400,000

Block of flats for sale
6 Chequers Parade, Ripple Road, Dagenham, Essex RM9

  • Auction
  • Freehold

Strettons Auctions - Residential

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About this property

    For sale by auction 11/09/2025 £400,000 plus

    Freehold mixed use investment
    - shop & two flats - producing £40,200 P.A.

    Location & Description
    Comprising a shop with separate front access to two self-contained flats above.
    Forming part of a local parade near to the junction with Heathway and Goresbrook Road and opposite Merrielands Retail Park where occupiers include PureGym, tk Maxx and kfc. Dagenham Dock Railway station is within mile.

    Accommodation
    Shop: 417 sq ft (38.7 sq m) plus rear store
    Flats 6A & 6B: Each 1 bedroom, living room/kitchen, bathroom/toilet

    Tenancy Details
    Shop: Let on a Licence to Umar Rahim (trading as Dagenham Tuition Centre) for 5 years from 01.07.2022 at £1,000 per calendar month.
    Flat 6b: 12 month AST from 01.03.2025 at £1,100 pcm.
    Flat 6b: 12 month AST from 01.02.2025 at £1,250 pcm.

    Note
    Auction Surveyor: Robert Woolfe
    Contact:

    Producing equivalent to £40,200 P.A.

    EPC Rating
    Shop = C. Both Flats = D

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