LOT 41

179 & 179A South Esk Road, Forest Gate, E7 8HE

FREEHOLD GROUND RENT INVESTMENT -
2 FLATS, BOTH LEASES WITH 63 YEARS UNEXPIRED
Guide price: £40,000 plus*

Auction Date

Monday, 25th March 2019 11:00am

Location & Description

A terraced single bayed property comprising two self-contained flats (approached via a shared front garden gate). On the north side of the
one-way South Esk Road off Shrewsbury Road and leading to Katherine Road about ½ mile from Woodgrange Park mainline station.

Accommodation

179:
99 years from 29.09.1982 at £75 p.a. (rising)
Approximately 62½ years unexpired.
179A:
99 years from 29.09.1982 at £75 p.a. (rising)
Approximately 62½ years unexpired.

EQUIVALENT TO £150 p.a. WITH BOTH LEASES HAVING ABOUT 62½ YEARS UNEXPIRED.

* 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.