By order of Executors
LEASEHOLD RESIDENTIAL INVESTMENT
Guide price: £270,000 - £280,000
Location & Description
A first floor self-contained flat in a popular residential area south of Lea Bridge Road (A104), east of High Road Leyton (A112) and within ½ mile of Leyton Midland Road mainline station. Abbotts Park is within close proximity. Leyton has good road access via the A12 which links with the North Circular Road (A406).
3 rooms, kitchen, bathroom/WC
Section of garden
Let on an AST for 12 months (less one day) from 01.08.2015 (holding over) at £1,000 pcm.
99 years from 24.06.1975 (about 57 years unexpired) at a fixed ground rent of £25 p.a.
Between exchange and completion, the seller is open to serving notice for a lease extension, which can be assigned to the buyer on completion (please refer to Special Conditions).
EQUIVALENT TO £12,000 p.a.