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Lot 39 - 71A Fairfield Road, Bow, E3 2QA

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FREEHOLD GROUND RENT INVESTMENT ON 8 FLATS

Guide price: £25,000 - £30,000

Location & Description

A detached block comprising 8 flats accessed via a private gated driveway on the west side of Fairfield Road off Bow Road (A11), just south of Wick Lane and approximately ½ mile from Bow Road DLR station.

Accommodation

The flats are sold off on long leases as follows:

5 flats for 99 years from 23.05.2008 at £250 p.a.
3 flats for 125 years from 11.06.2008 at £250 p.a.

Note

No ground rent or service charge has been collected since the inception of each lease.

EQUIVALENT TO £2,000 p.a.

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