105 & 107 Twickenham Road, Leytonstone, E11 4BN
FREEHOLD GROUND RENT INVESTMENT - 2 MAISONETTES
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 (107): 189 years from 27.07.1994 at a peppercorn
Lower Maisonette (105): 99 years from 01.01.2001 (about 81 years unexpired) at a current ground rent of £175 p.a. for the first 25 years, £250 p.a. for the next 25 years, £700 p.a. for the next 25 years and £1,400 p.a. for the remainder of the term.
EQUIVALENT TO £175 p.a. WITH FIXED INCREASES AND ONE LEASE HAVING ABOUT 81 YEARS UNEXPIRED