LOT 40

103 High Road Leyton, Leyton, E15 2DE

FREEHOLD GROUND INVESTMENT
Result: Sold for £34,000 Guide price: £10,000 plus*

Auction Date

Tuesday, 27th March 2018 11:00am

Location & Description

A ground rent investment secured upon two flats within a three storey terraced conversion.

Located on the west side of High Road, Leyton approximately 200 metres south of Leyton underground station with the facilities and shops of High Road, Leyton being within easy reach.

Accommodation

103B: Arranged over part ground and upper floor.

Sold on a 99 year lease from January 1985 at a ground rent of £50 p.a. This will increase to £75 in June 2018.

103A: Sold on a lease expiring December 2174 at a peppercorn ground rent.

EQUIVALENT TO £75 p.a.

Status

Sold for £34,000

* 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.