LOT 58

56 Clements Road, East Ham, E6 2DF

FREEHOLD GROUND RENT INVESTMENT -
2 MAISONETTES, 1 LEASE WITH 56 YEARS UNEXPIRED
Result: Sold for £16,000 Guide price: £15,000 plus*

Auction Date

Wednesday, 6th February 2019 11:00am

Location & Description

A mid terrace property comprising 2 self-contained maisonettes in a residential area north of the A124 Barking Road, east of High Street North and about ¼ mile from East Ham underground station (District line and Hammersmith & City line).

Accommodation

Upper Maisonette (56A) 189 years from 08.10.1976 at a peppercorn
Lower Maisonette (56) 99 years from 22.03.1976 (about 56 years unexpired) at a fixed ground rent of £5 p.a.

EQUIVALENT TO £5 p.a. WITH ONE LEASE HAVING ABOUT 56 YEARS UNEXPIRED

Status

Sold for £16,000

* 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.