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Lot 41 - 38 Windus Road, Stoke Newington, N16 6UP

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FREEHOLD GROUND RENTS ON 3 FLATS -
1 WITH 66 YEARS UNEXPIRED

Guide price: £15,000 - £15,500 *

Auction Date

Monday, 27th March 2017 11:00am

Location & Description

A large terraced property comprising three self-contained flats, on the south side of the one-way Windus Road just off Stamford Hill (A10), within a short walk of central Stoke Newington and the mainline station.

Accommodation

Each flat is sold on a long lease as follows:
Flat A:
125 years from 25.12.1983 at £65 p.a. (rising)
Approximately 92 years unexpired.
Flat B:
99 years from 25.12.1983 at £65 p.a. (rising)
Approximately 66 years unexpired.
Flat C:
189 years from 25.12.1983 at a peppercorn.

Note

The tunnel driveway is not included in the Title.

EQUIVALENT TO £130 p.a. (RISING) WITH I FLAT HAVING APPROXIMATELY 66 YEARS UNEXPIRED.

Result

Sold for £10,000

* 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.