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Lot 42 - 44 Dorset Road, Forest Gate, E7 8PS

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £14,000 - £15,000 *

Auction Date

Monday, 27th March 2017 11:00am

Location & Description

A ground rent investment secured upon two flats within a converted period property on the north side of Dorset Road which is off Katherine Road and close to Green Street.

Accommodation

First Floor Flat:
Sold on a 125 year lease from 24.06.1989 at £100 p.a.

Ground Floor Flat:
Sold on a 125 year lease from 24.06.1989 at £200 p.a. rising.

EQUIVALENT TO £300 P.A.

Result

Sold for £15,000

* 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.