105 & 107 Scotts Road, Leyton, E10 6LN
FREEHOLD GROUND RENT INVESTMENT - 2 MAISONETTES, 1 LEASE WITH 57 YEARS UNEXPIRED
Wednesday, 6th February 2019 11:00am
A mid terrace property comprising two self-contained maisonettes in a residential area off Francis Road which links with the A112 High Road Leyton and about ½ mile from Leyton Midland Road mainline station.
Upper Maisonette (105): A term from 14.09.2012 to 15.05.2186 at a current ground rent of £200 p.a. doubling every 25 years.
Lower Maisonette (107): 99 years from 01.03.1977 (about 57 years unexpired) at a current ground rent of £40 p.a. rising by £20 every 25 years.
EQUIVALENT TO £240 p.a. WITH FIXED INCREASES AND ONE LEASE HAVING ABOUT 57 YEARS UNEXPIRED