LOT 45

Flats 1-4, The Orchard, 104 Hale Lane, Mill Hill, NW7 3SE

FREEHOLD GROUND RENT INVESTMENT COMPRISING 4 FLATS

Result: Sold for £25,000 Guide price: £20,000 - £25,000*

Auction Date

Thursday, 27th May 2021 12:00pm

A large detached purpose-built block comprising 4 self-contained flats with 2 rear garages on the north side of Hale Lane (A5100). A few minutes walk from the shops and restaurants in Mill Hill Broadway and the mainline station.

Accommodation

1: 999 years from 24.06,1969 at £35 p.a. plus parking space.
2: 999 years from 24.06.1969 at £65 p.a. plus parking space.
3. 999 years from 24.06.1969 at £65 p.a. plus garage.
4. 999 years from 24.06.1969 at £42 p.a. plus garage.

EQUIVALENT TO £207 p.a.

Note

Auction Surveyor: Ian Mann
Contact: 020 8509 4407

Status

Sold for £25,000

Addendum

As you will have seen in the leases the ground rents rise. The guide price is now £20,000 - £25,000 because of the trespass/lease breach as per the legal documents.

* 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.