LOT 49

114 & 116 Twickenham Road, Leytonstone, E11 4BW

FREEHOLD GROUND RENT INVESTMENT -
2 MAISONETTES, 1 LEASE WITH 50 YEARS UNEXPIRED
Result: Sold for £66,000 Guide price: £40,000 - £45,000*

Auction Date

Wednesday, 6th February 2019 11:00am

Location & Description

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.

Accommodation

Upper Maisonette (114): 189 years from 29.09.1997 at a peppercorn
Lower Maisonette (116): 99 years from 23.12.1969 (about 50 years unexpired) at a fixed ground rent of £10 p.a.

EQUIVALENT TO £10 p.a. WITH ONE LEASE HAVING ABOUT 50 YEARS UNEXPIRED

Status

Sold for £66,000

* 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.