LOT 72

246 - 262 Central Park Road, East Ham, E6 3AD

FREEHOLD GROUND RENT INVESTMENT - 9 FLATS
Guide price: £22,500 plus*

Auction Date

Monday, 10th December 2018 11:00am

Location & Description

A detached block of 9 self-contained flats on the south side of Central Park Road at the corner with Cheltenham Gardens and backing on to Central Park.
Shopping and transport facilities can be found along Barking Road (A124) and High Street North and South.

Accommodation

All flats sold on 125 year leases from 25.12.1989 at £125 p.a. rising by £50 every 25 years (each flat approximately 96 years remaining).

EQUIVALENT TO £1,125 p.a.

Status

Sold for £40,500

* 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.