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Lot 56 - 42 First Avenue, Manor Park, E12 6AN

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FREEHOLD GROUND RENT INVESTMENT
- 2 FLATS

Guide price: Withdrawn

Location & Description

A mid terrace property comprising two flats within an established residential area just south of Romford Road (A118) and about ½ mile from Manor Park mainline station.

Accommodation

Ground Floor Flat:
99 years from 25.03.1987 (about 69½ years unexpired) at a current ground rent of £50 p.a. rising by £50 every 33 years.
First Floor Flat:
125 years from 21.02.1986 at a current ground rent of £50 p.a. for the first 40 years, £100 p.a. for the next 41 years and £150 p.a. for the remainder of the term.

EQUIVALENT TO £100 p.a. WITH ONE FLAT HAVING ABOUT 69½ YEARS UNEXPIRED

Result

Withdrawn Prior to Auction.

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