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Lot 29 - 19-21 Whitney Road, Leyton, E10 7HG

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FREEHOLD GROUND RENT INVESTMENT -
10 FLATS (3 WITH 75 YEARS UNEXPIRED)

Guide price: £85,000 - £90,000 *

Auction Date

Thursday, 8th February 2018 11:00am

Location & Description

A ground rent investment secured upon 10 self-contained flats. On the west side of Whitney Road off Lea Bridge Road (A104) between Vicarage Road and Melbourne Road.

EQUIVALENT TO £2,850 p.a. WITH 3 FLATS HAVING ABOUT 75 YEARS UNEXPIRED

Result

Sold for £75,000

Accommodation

Column 1 Column 2 Column 3
19 Whitney Road
Flat A: 99 years from 15.11.2013 £250 p.a.
Flat 1: 99 years from 19.08.2016 £450 p.a.
Flat 2: 99 years from 25.11.2016 £450 p.a.
Flat 3: 99 years from 15.08.2014 £250 p.a.
Flat 4: 99 years from 26.07.2016 £450 p.a.
21 Whitney Road
Flat A: 99 years from 25.10.2013 £250 p.a.
Flat 1: 175 years from 13.10.2008 Peppercorn
Flat 2: 85 years from 13.10.2008 £250 p.a.
Flat 3: 85 years from 13.10.2008 £250 p.a.
Flat 4: 85 years from 13.10.2008 £250 p.a.

* 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.