LOT 53

323 & 325 Church Road, Manor Park, E12 6HT

FREEHOLD GROUND RENT INVESTMENT - 2 MAISONETTES

Result: Sold for £4,000 Guide price: £4,000 - £4,500*

Auction Date

Tuesday, 14th July 2020 12:00pm

Comprising two self-contained maisonettes in a popular residential area opposite Little Ilford Park, south of the A118 Romford Road and west of the A406 North Circular Road. Manor Park mainline station is about a mile away.

Accommodation

323 Church Road: 171 years from 25.12.1963 at a current ground rent of £250 p.a. rising to £500 p.a. in 2043 and £1,000 p.a. in 2076.
325 Church Road: 189 years from 25.03.1981at a peppercorn.

EQUIVALENT TO £250 p.a.

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408

Status

Sold for £4,000

* 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.