LOT 45

21 - 31 Ancient Meadows, Bottisham, Cambridgeshire, CB25 9AX

FREEHOLD GROUND RENT INVESTMENT
Guide price: £20,000 - £25,000*

Auction Date

Monday, 25th March 2019 11:00am

Location & Description

A ground rent investment secured upon two separate modern detached blocks. On the north side of Ancient Meadows a residential cul-de-sac off Tunbridge Lane and making up part of a modern residential estate.
Located within the village of Bottisham approximately 6 miles east of Cambridge and 1 mile north of the A14 about 3 miles west of the junction with the A11.

Accommodation

21-31 Ancient Meadows:
Secured upon six flats in two blocks each sold on a 125 year lease from June 2007 at an initial ground rent of £200 p.a. (rising)

EQUIVALENT TO £1,200 p.a.

* 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.