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Lot 55 - R/O 46-60 Bancroft Road, Halewood, Liverpool, Merseyside, L26 9AB

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B Tobin & P Joseph of Strettons as LPA Receivers

FREEHOLD GROUND RENT INVESTMENT - 6 HOUSES

Guide price: £14,000 - £15,000 *

Auction Date

Monday, 2nd October 2017 11:00am

Location & Description

A residential development comprising six houses arranged as two terraces of three houses (known as Eagle Grove and Loftus Road). Loftus Road is accessed from Hillingden Avenue and Eagle Grove is accessed from Roseheath Drive.
The development is within a residential area north of Higher Road (A562), about ½ mile from Halewood mainline station and approximately 9 miles from Liverpool city centre.

Accommodation

Each house is sold on a 150 year lease from 01.01.2013 at a current ground rent of £150 p.a. and is reviewed every 10 years based on increases in RPI (refer to leases).

EQUIVALENT TO £900 P.A.

Result

Sold after auction

* 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.