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Lot 18 - 121a Colchester Road, Leyton, E10 6HD

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By order of Executors

LEASEHOLD RESIDENTIAL INVESTMENT

Guide price: £270,000 - £280,000 *

Auction Date

Monday, 27th March 2017 11:00am

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).

Accommodation

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.

Lease Details

99 years from 24.06.1975 (about 57 years unexpired) at a fixed ground rent of £25 p.a.

Note

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.

EPC Rating

D

Result

Sold for £250,000

* 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.