LOT 46

14 & 16 Boxley Street, Silvertown, E16 2AN

FREEHOLD GROUND RENT INVESTMENT - 2 FLATS,
1 LEASE WITH 68 YEARS UNEXPIRED
Result: Sold for £25,500 Guide price: £17,000 plus*

Auction Date

Wednesday, 6th February 2019 11:00am

Location & Description

A pair of purpose built self-contained flats in a terraced property on the east side of Boxley Street off North Woolwich Road.
London City Airport, the Royal Docks, ExCel and West Silvertown DLR station are all nearby.

Accommodation

Flat 14: 125 years from 30.11.2007 at £100 p.a. (doubling every 25 years)
Flat 16: 99 years from 24.06.1988 at £50 p.a. (rising every 33 years)
Approximately 68 years unexpired

EQUIVALENT TO £150 p.a. WITH ONE LEASE HAVING ABOUT 68 YEARS UNEXPIRED

Status

Sold for £25,500

* 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.