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Lot 47 - 144 Wallwood Road, Leytonstone, E11 1AN

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £14,000 - £15,000 *

Auction Date

Tuesday, 13th December 2016 11:00am

Location & Description

A four storey terraced property comprising 3 self-contained flats on the north side of Wallwood Road close to its junction with Kingswood Road just west of the A12 and within walking distance of Leytonstone underground station (Central line).

Accommodation

Basement Flat: Sold on a 99 year lease from 29.09.2016 at £250 p.a. rising every 33 years.

Accommodation (Overflow 2nd Column)

Ground Floor Flat: Sold on a 99 year lease from 22.08.2003 at £100 p.a.
First/Second Floor Flat: Sold on a 99 year lease from 25.12.1986 at £50 p.a.

EQUIVALENT TO £350 p.a. WITH 1 FLAT HAVING 69 YEARS UNEXPIRED

Result

Sold for £41,500.

* 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.