Home » Property Search » Auctions » 10/10/16 » Denham Place, 6 Park Avenue, Watford, Hertfordshire, WD18 7HA

Lot 59 - Denham Place, 6 Park Avenue, Watford, Hertfordshire, WD18 7HA

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £20,000 - £25,000 *

Auction Date

Monday, 10th October 2016 11:00am

Location & Description

A ground rent investment secured upon nine purpose built flats within a residential cul-de-sac off the east side of Park Avenue, a residential road that links between Rickmansworth Road to the north with Whippendell Road to the south, approximately 1 mile west of Watford town centre and Watford High Street mainline station.

Accommodation (Overflow 2nd Column)

Each flat has been sold off on a 125 year lease from June 1988 at a ground rent of £75 p.a.

EQUIVALENT TO £675 p.a.

Result

Sold for £34,000.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.