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TRUSTEES

4 FREEHOLD GROUND RENT INVESTMENTS

Guide price: See above *

Auction Date

Thursday, 8th February 2018 11:00am

Location & Description

Four pairs of self-contained flats on the eastern side of Bisterne Avenue reached from Fyfield Road and close to Wood Street mainline station.

Accommodation

Lot 38:
14:
125 year lease from 01.01.2011 at £250 p.a. doubling every 33 years (maximum £1,000 p.a.).
14A: 99 year lease from 01.01.2008 at £100 p.a. (rising). 89 years unexpired. GUIDE PRICE: £11,000 - £11,500
Lot 39:
16:
99 year lease from 01.01.2008 at £100 p.a. (rising). 89 years unexpired
16A: 99 year lease from 01.01.2011 at £250 p.a. doubling every 33 years.
GUIDE PRICE: £11,000 - £11,500
Lot 40:
18:
125 year lease from 01.01.2011 at £250 p.a. doubling every 33 years (maximum £1,000 p.a.).
18A: 99 year lease from 01.01.2011 at £250 p.a. doubling every 33 years (maximum £1,000 p.a.). GUIDE PRICE: £8,500 - £9,000
Lot 41:
20:
99 year lease from 01.01.2010 at £100 p.a. (rising)
20A: 99 year lease from 01.01.2010 at £100 p.a. (rising).
GUIDE PRICE: £3,000 - £3,500

EQUIVALENT TO £1,400 p.a. & 2 LEASES WITH ABOUT 89 YEARS UNEXPIRED

Result

Lot 38 - Sold £11,500 Lot 39 - Sold £9,000 Lot 40 - Sold £8,500 Lot 41 - Sold £5,500

Legal Documents

LOT Legal Document
38 View Documents
39 View Documents
40 View Documents
41 View Documents

* 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.