2 & 2A Falkland Avenue, Finchley Central, N3 1QR
Result: Sold for £90,500 Guide price: £70,000 - £75,000*
Tuesday, 27th March 2018 11:00am
Location & Description
A ground rent investment secured upon two flats within an end of terrace conversion.
On the north side of Falkland Avenue, close to its junction with Ballards Lane and approximately ½ mile north of Finchley Central underground station (Northern line).
No. 2 Ground Floor: 99 year lease from June 1965 at £12.60 p.a. having approximately 46 years unexpired.
No. 2A First Floor: 125 year lease from January 2017 at £200 p.a.
EQUIVALENT TO £212.60 p.a. and with one lease expiring in approximately 46 years