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Lot 39 - 13 Freelands Road, Bromley, Kent, BR1 3AG

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FREEHOLD GROUND RENT INVESTMENT - 3 FLATS

Guide price: £6,500 - £7,000 *

Auction Date

Thursday, 9th February 2017 11:00am

Location & Description

A large semi-detached property comprising three self-contained flats on the west side of Freelands Road, just off Widmore Road (A222) a short distance from central Bromley and Bromley North station.

Accommodation

All flats sold on long leases as follows:

A: 199 years from 02.09.2016 at £200 p.a.
B: 125 years from 24.06.2007 at £100 p.a.
C: 125 years from 29.09.2008 at £150 p.a.

EQUIVALENT TO £450 p.a.

Result

Sold for £12,000

* 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.