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Home » Property Search » Auctions » Current Auction » Bataleur Court 117 Butts Green Road Hornchurch Essex Rm11 2lt?url= » Property Search » Auctions » Current Auction » Bataleur Court, 117 Butts Green Road, Hornchurch, Essex, RM11 2LT

Lot 30 - Bataleur Court, 117 Butts Green Road, Hornchurch, Essex, RM11 2LT

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FREEHOLD GROUND RENT INVESTMENT

Guide price: £100,000 plus *

Auction Date

Thursday, 8th February 2018 11:00am

Location & Description

A ground rent investment secured upon 24 self-contained flats within a modern purpose built development. Located on the west side of Butts Green Road close to its intersection with Ardleigh Green Road and approximately ¼ mile north of Emerson Park mainline station and about ¾ mile south of the A127 and Gallows Corner.

Accommodation

The flats (6 x 1 bedroom & 18 x 2 bedrooms) have each been sold off on a 125 year lease from 01.01.2006.
1 bedrooms at £175 p.a.
2 bedrooms at £200 p.a.
Ground rents double every 25 years.

EQUIVALENT TO £4,650 p.a.

Result

Refer to auctioneer

Joint Agent

 Hilbery Chaplin J Waller Esq Tel: 01708 745000

* 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. 

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* 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.