Home » Property Search » Auctions » 10/10/16 » 10 The Mews, Roding Lane South, Redbridge, Essex, IG4 5NZ

Lot 61 - 10 The Mews, Roding Lane South, Redbridge, Essex, IG4 5NZ

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BY ORDER OF TRUSTEES

FREEHOLD GROUND RENT INVESTMENT

Guide price: £8,000 - £10,000 *

Auction Date

Monday, 10th October 2016 11:00am

Location & Description

A ground rent investment secured upon a terraced house. The house makes up part of a modern residential development located within a cul-de-sac off the east side of Roding Lane South between Vista Drive and Avondale Crescent, just to the north of Redbridge Lane and Redbridge underground station.

Accommodation (Overflow 2nd Column)

The property is held on a 99 year lease from March 1960 at a ground rent of £15.45 p.a. having approximately 43 years unexpired.

EQUIVALENT TO £15.45 p.a.

Result

Sold for £17,000.

* 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.