LOT 57

Forest View, 35 High Street, Sandridge, St. Albans, Hertfordshire, AL4 9DD

FREEHOLD GROUND RENT INVESTMENT

Guide price: £40,000 - £45,000*

Auction Date

Tuesday, 14th July 2020 12:00pm

A newly converted development comprising 12 properties within the heart of this historic village, close to the countryside and Heartwood Forest. Sandridge lies about 2½ miles from St. Albans city centre.

Accommodation

Each property is sold on a 125 year lease from 2017-2020

Eleven are let at a current grount rent of £250 p.a.each doubling every 25 years.

One is let current ground rent of £250 p.a. which is reviewed every 25 years based on RPI.

EQUIVALENT TO £3,000 p.a.

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408

Status

Withdrawn

* 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.