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

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.

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