37 & 39 Twickenham Road, Leytonstone, E11 4BN
FREEHOLD GROUND RENT INVESTMENT - 2 MAISONETTES, 1 LEASE WITH 52 YEARS UNEXPIRED
Wednesday, 6th February 2019 11:00am
A mid terrace property comprising two self-contained maisonettes in a residential area off Francis Road which links with the A112 High Road Leyton and the A106 Grove Green Road. Stratford lies about 2 miles to the south.
Upper Maisonette (37): 99 years from 01.01.2001 (about 81 years unexpired) at a current ground rent of £125 p.a. doubling every 25 years.
Lower Maisonette (39): 80 years from 25.03.1991 (about 52 years unexpired) at a current ground rent of £250 p.a. rising to £750 p.a. for the final 30 years of the term.
EQUIVALENT TO £375 p.a. WITH FIXED INCREASES AND ONE LEASE HAVING ABOUT 81 YEARS UNEXPIRED & ONE LEASE ABOUT 52 YEARS UNEXPIRED