LOT 56

Denholme Lodge, 9 Horton Road, Datchet, Slough, Berkshire, SL3 9EN

FREEHOLD GROUND RENT INVESTMENT - 5 FLATS - 1 LEASE WITH UNDER 66 YEARS AND 1 WITH 70 YEARS UNEXPIRED

Result: Available for £45,000 Guide price: £41,000 plus*

Auction Date

Thursday, 20th February 2020 12:00pm

A large detached property comprising five self-contained flats on the north side of Horton Road a few minutes walk from the centre of the village and close to the mainline station. Datchet is between the River Thames and the M4 just a few minutes drive from Slough.

Accommodation

Flat 1: 101 years from 04.04.2017 at £250 p.a. (doubling)

Flat 2: 99 years from 25.03.1991 at £100 p.a. (doubling)
Approximately 70 years unexpired

Flat 3: 999 years from 24.06.2013 at a peppercorn

Flat 4: 189 years from 29.09.1986 at £200 p.a

Flat 5: 99 years from 29.09.1986 at £60 p.a. (rising)
Approximately 66 years unexpired

EQUIVALENT TO £610 p.a. WITH ONE LEASE HAVING 66 YEARS UNEXPIRED AND ONE WITH 70 YEARS UNEXPIRED

Status

Available for £45,000

* 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.