LOT 50

1 & 1a Glendale Gardens, Wembley, Middlesex, HA9 8PR

FREEHOLD GROUND RENT INVESTMENT - 2 FLATS - 1 LEASE WITH UNDER 67 YEARS UNEXPIRED

Result: Sold for £30,000 Guide price: £28,000 plus*

Auction Date

Thursday, 20th February 2020 12:00pm

A large double-fronted end of terrace property comprising two self-contained flats on the north side of Glendale Gardens on the corner with College Road. Just to the north west of central Wembley and the famous stadium with Preston Road underground station (Metropolitan line) a few minutes walk away.

Accommodation

1A First Floor Flat: 99 years from 25.12.1987 at £50 p.a. (rising) (rising to £100 p.a. in December). Approximately 67 years unexpired, own part of garden and parking space.
Seller advises flat comprises 3 bedrooms.

1 Ground Floor Flat: 153 years from 25.12.1987 at £200 p.a. (rising every 15 years) own part of garden and parking space.

EQUIVALENT TO £250 p.a. WITH ONE LEASE HAVING UNDER 67 YEARS UNEXPIRED

Status

Sold for £30,000

* 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.