80/80A London Road, Plaistow, E13 0DD
FREEHOLD GROUND RENT INVESTMENT - 2 FLATS - 1 LEASE WITH 54 YEARS UNEXPIRED
Wednesday, 11th September 2019 12:00pm
A mid-terrace property comprising two self-contained flats in a residential area south of the A112 Plaistow Road/High Street and about ¼ mile from Plaistow underground station (District and Hammersmith & City lines).
First Floor Flat (80A): 125 years from 10.12.2018 at a current ground rent of £250 p.a. doubling every 25 years.
Ground Floor Flat (80): 99 years from 06.12.1974 (about 54 years unexpired) at a current ground rent of £30 p.a. rising by £10 every 25 years.
EQUIVALENT TO £280 p.a. WITH ONE LEASE HAVING ABOUT 54 YEARS UNEXPIRED