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Lot 44 - 582 Green Lane, Ilford, Essex, IG3 9LW

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FREEHOLD GROUND RENTS - 2 FLATS WITH 70 YEARS UNEXPIRED

Guide price: £16,000 - £17,000 *

Auction Date

Tuesday, 13th December 2016 11:00am

Location & Description

An end of terrace property comprising two self-contained flats on the south side of Green Lane (A1083) within walking distance of Goodmayes mainline station.

Accommodation

No. 582A:
Sold on a 99 year lease from 25.06.1987 at £50 p.a. (rising) - 70 years unexpired.

Accommodation (Overflow 2nd Column)

No. 582B:
Sold on a 99 year lease from 25.06.1987 at £50 p.a. (rising) - 70 years unexpired.

EQUIVALENT TO £100 p.a. WITH BOTH FLATS HAVING ABOUT 70 YEARS UNEXPIRED

Result

Sold for £41,000.

Addendum

There are NEW special conditions to include the tenancy schedule

* 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.