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Lot 38 - 36 Station Approach, South Ruislip, Middlesex, HA4 6RY

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FREEHOLD GROUND RENT INVESTMENT - 2 FLATS

Guide price: £32,000 - £33,000 *

Auction Date

Monday, 27th March 2017 11:00am

Location & Description

A semi-detached property comprising two flats on the south side of Station Approach, a short distance north of the A40 and within ¼ mile of South Ruislip mainline and underground station (Central line).

Accommodation

Ground Floor Flat (36): 99 years from 29.09.1987 (about 69½ years unexpired) at a current ground rent of £30 p.a. rising by £30 every 33 years.
First Floor Flat (36a): 99 years from 29.09.1987 (about 69½ years unexpired) at a current ground rent of £30 p.a. rising by £30 every 33 years.

EQUIVALENT TO £60 p.a. WITH BOTH FLATS HAVING ABOUT 69½ YEARS UNEXPIRED

Result

Sold for £40,000

* 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.