Home » Property Search » Auctions » 10/10/16 » 10C Britannia Road, Ilford, Essex, IG1 2EQ

Lot 34 - 10C Britannia Road, Ilford, Essex, IG1 2EQ

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LONG LEASEHOLD RESIDENTIAL INVESTMENT - PART AST & PART REGULATED

Guide price: £120,000 - £130,000

Location & Description

A first floor flat, understood to be arranged as two residential units within an established residential area just off Ilford Lane (A123) and about ¼ mile from Ilford mainline station and the town centre.
The area has good road links via the North Circular Road (A406).

Accommodation

First Floor: Not inspected
Room 1:
1 room, shower room/WC
Subject to a regulated tenancy (unregistered) at equivalent of
£3,360 p.a.
Room 2:
1 room, shower room/WC
Let on an 6 months AST from 01.08.2016 at £500 pcm

Lease Details

125 years from completion at an initial ground rent of £100 p.a. rising by £100 every 25 years.

Note

The Freehold ground rent investment will be offered by Auction at a later date.

EQUIVALENT TO £9,360 p.a.

EPC Rating

F

VIEWINGS

Thursday 6 October at 2:00 pm

Result

Sold for £128,000.

Addendum

The particulars have been amended on the website. These supersede the printed catalogue.

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