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Lot 54 - Collins Place, Seven Arches Road, Brentwood, Essex, CM14 4JG

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £7,000 - £7,500 *

Auction Date

Monday, 2nd October 2017 11:00am

Location & Description

A freehold ground rent investment secured upon a pair of purpose built flats.
Located within an attractive residential area overlooking Shenfield Common at the junction of Seven Arches Road and Ingrave Road about ½ mile south east of Brentwood town centre.

Accommodation

First Floor Flat 1:
99 years from June 2001 at a ground rent of £100 p.a.
Ground Floor Flat 2:
162 years from May 2014 at a peppercorn.

EQUIVALENT TO £100 p.a.

Joint Agent

 Hilbery Chaplin Tel: 01708 745000

* 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.