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Lot 43 - 658 London Road, Thornton Heath, Surrey, CR7 7HU

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £30,000 Plus *

Auction Date

Monday, 2nd October 2017 11:00am

Location & Description

A ground rent investment secured upon four flats within a semi-detached conversion.
Located within a mixed residential area on the east side of London Road approximately 250 metres south of the junction with Brigstock Road and close to Croydon University Hospital.

Accommodation

Flat 4: 189 years from December 1972 at £250 p.a.
Flat 3: 189 years from December 1972 at £250 p.a.
Flat 2: 99 years from December 1972 at £60 p.a.
Flat 1: 189 years from December 1972 at £250 p.a.

EQUIVALENT TO £810 p.a. WITH ONE FLAT HAVING APPROXIMATELY 54 YEARS UNEXPIRED

Joint Agent

 Symingtons Tel: 020 8288 9100

* 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.