FREEHOLD GROUND RENT INVESTMENT
Guide price: £10,000 - £10,500 *
Tuesday, 13th December 2016 11:00am
Location & Description
A large attractive detached property comprising 6 self-contained flats on the south side of Bromley Road, just off the High Street (A222) almost at the junction with Manor Road. Beckenham Junction mainline station is a short walk away.
ACCOMMODATION (2nd Column)
6 flats each sold off on 125 year leases from 29.09.2004 at £100 p.a. (rising every 25 years).
EQUIVALENT TO £600 p.a. (rising)
Sold for £12,000.
* 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.