LONG LEASEHOLD RESIDENTIAL INVESTMENT - REGULATED TENANCY
Guide price: Sold £174,000
Location & Description
A lower ground floor flat forming part of a mid terrace four storey property within an established residential area near to the junction with High Road Leyton (A112), about ½ mile from Leyton Midland Road mainline station and within ¾ mile of Leyton underground station (Central line).
Lower Ground Floor Flat:
Not inspected, based on Rent Register
2 rooms, kitchen, bathroom/WC,
Subject to a regulated tenancy at a rent of £250 pcm (effective 09.03.2012).
125 years from completion at an initial ground rent of £100 p.a. rising by £100 every 25 years.
The Freehold ground rent investment will be offered by Auction at a later date.
EQUIVALENT TO £3,000 p.a.
The particulars have been amended on the website. These supersede the printed catalogue.