LOT 49

5/5A Brookfield Terrace, Hazel Grove, Stockport, Cheshire, SK7 4LP

FREEHOLD GROUND RENT INVESTMENT ON 2 FLATS

Result: Sold after auction for an undisclosed amount Guide price: £7,000 - £7,500*

Auction Date

Wednesday, 17th February 2021 12:00pm

Hazel Grove is a suburb of Stockport in Greater Manchester just south-east of the city. The A6 passes through Hazel Grove and the M60 is close to Stockport. Manchester airport is a few miles to the south-west. A terraced property comprising 2 self-contained flats in Brookfield Terrace, a row of similar style properties on Cooper Street and a few minutes walk from Hazel Grove station.

Accommodation

5A: First Floor Flat
Sold on 125 year lease from 07.11.2019 at £250 p.a. rising every 25 years.

5: Ground Floor Flat
Sold on 125 year lease from 09.09.2019 at £250 p.a. rising every 25 years.

EQUIVALENT TO £500 p.a. rising every 25 years.

Note

Auction Surveyor: Ian Mann
Contact: 020 8509 4407

Status

Sold after auction for an undisclosed amount

Addendum

The first floor flat lease commenced 07.11.2019 and the ground floor flat lease commenced 09.09.2019.

* 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.