9 & 11 Heronslea, Watford, Hertfordshire, WD25 9PN
FREEHOLD GROUND RENT INVESTMENT - 2 FLATS - 1 LEASE WITH 51 YEARS UNEXPIRED
Thursday, 20th February 2020 12:00pm
A semi-detached property comprising two self-contained flats on the north west side of Heronslea in a development of similar properties off Crow Lane. To the north of the A41 and a few miles to the north of central Watford within easy reach of the M1 and M25.
9 Upper Floor: 99 years from 31.10.2008 at £100 p.a. (doubling every 25 years)
Approximately 88 years unexpired
11 Lower Floor: 99 years from 29.03.1972 at £15 p.a.
Approximately 51 years unexpired
EQUIVALENT TO £115 p.a. WITH ONE LEASE HAVING 51 YEARS UNEXPIRED AND ONE HAVING 88 YEARS UNEXPIRED
The freeholder may be able to create a loft extension (subject to obtaining any necessary consents)