LOT 43

13 Mount Road, Hendon, NW4 3QA

FREEHOLD GROUND RENT INVESTMENT -
2 FLATS, BOTH LEASES WITH 63 YEARS UNEXPIRED
Guide price: £37,000 plus*

Auction Date

Monday, 25th March 2019 11:00am

Location & Description

A semi-detached property comprising two self-contained flats on the west side of Mount Road.
Reached from Park Road off West Hendon Broadway (A5) within a short distance of Hendon mainline station and close to the M1 motorway (J1)/A406 (North Circular Road) and Brent Cross shopping centre.

Accommodation

First Floor Flat:
99 years from 24.06.1983 at £70 p.a. (rising)
Approximately 63 years unexpired.
Ground Floor Flat:
99 years from 24.06.1983 at £70 p.a. (rising)
Approximately 63 years unexpired.

EQUIVALENT TO £140 p.a. WITH BOTH LEASES HAVING ABOUT 63 YEARS UNEXPIRED

Status

Sold for £67,500

* 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.