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Lot 46 - 93 Norman Road, Leytonstone, E11 4RJ

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £7,000 - £10,000

Location & Description

A ground rent investment secured upon two flats within a terraced period conversion. On the west side of Norman Road within a residential area to the west of the A12 and north of Cathall Road.

ACCOMMODATION (2nd Column)

First Floor: Sold on a 999 year lease at a peppercorn
Ground Floor: Sold on 99 year lease from 1983 at £30 p.a. having 66 years unexpired.

EQUIVALENT TO £30 p.a. AND ONE FLAT HAVING 66 YEARS UNEXPIRED

Result

Sold for £27,000.

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