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Home » Property Search » Auctions » Current Auction » Flats 1-9 De Vere Court, 91 Hoe Street, Walthamstow, E17 4SA

Lot 40 - Flats 1-9 De Vere Court, 91 Hoe Street, Walthamstow, E17 4SA

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BY ORDER OF TRUSTEES

FREEHOLD GROUND RENT INVESTMENT - 9 FLATS

Guide price: £45,000 - £46,000 *

Auction Date

Tuesday, 5th December 2017 11:00am

Location & Description

A large modern block of nine self-contained flats (some with balconies) on the east side of Hoe Street (A112) on the corner with Milton Road.

Within a short walk of the High Street with its well known market and Walthamstow Central mainline and underground (Victoria line) station.

Accommodation

9 flats each sold on 125 year leases from 01.01.2012 at £250 p.a.

Rent reviews every 5 years linked to RPI - See leases

EQUIVALENT TO £2,250 p.a. WITH 5 YEAR REVIEWS

Result

Sold for £78,500

Addendum

There are NEW special conditions which now mention 3 maintenance agreements.

* 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.