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Lot 42 - 26 A&B Sewdley Street, Clapton, E5 0AX

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £29,000 - £30,000 *

Auction Date

Monday, 2nd October 2017 11:00am

Location & Description

An end of terrace property comprising two self-contained flats on the west side of Sewdley Street which runs between Millfields Road and Elderfield Road just east of Chatsworth Road and close to Millfields Park.

Accommodation

26A:
99 years from 12.01.2006 at a peppercorn (about 88 years remaining)
26B:
99 years from 25.12.1979 at £25 p.a. (about 61 years remaining)

EQUIVALENT TO £25 p.a. WITH ONE FLAT HAVING 61 YEARS UNEXPIRED

* 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.