#| |# Strettons - 9 & 9A West Road, Stratford, E15 3PX

LOT 44

9 & 9A West Road, Stratford, E15 3PX

FREEHOLD GROUND RENT INVESTMENT
Guide price: £38,000 - £40,000*

Auction Date

Tuesday, 5th December 2017 11:00am

Location & Description

A ground rent investment secured upon two self-contained flats within this converted house on the west side of West Road off Portway and within ½ mile of Stratford town centre.

Accommodation

Each flat is sold off on a 99 year lease from 25.12.1987 with a current ground rent of £150 p.a. (rising).

EQUIVALENT TO £300 P.A. (RISING) WITH BOTH FLATS HAVING APPROXIMATELY 69 YEARS REMAINING

Status

Sold for £54,500

Addendum

The arrears of £600 mentioned in the special conditions is not payable by the buyer.

* 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.