Lot 7: FREEHOLD GROUND RENT INVESTMENT

Residential Investment - South East London Area
Residential Investment - South East London Area
Residential Investment - South East London Area
Street view of Front
Residential Investment - South East London Area
Guide Price £13,000 – £15,000 * + Fees
Ground Rents, 55 Manor Road, London. E15 3BL

Currently let at £1,100 per annum

Applicants may view the lot externally only

01273 504232

Richard Payne/Paul Bridgeman

An end-terrace contemporary style house converted into three self-contained flats situated between Stratford and West Ham in east London just off the A112.

The ground and first floor flats (55a and 55b) are sold off on 99 year leases from 26th March 2014 each at a current ground rental of £500 per annum. On completion the upper maisonette (55c) will be sold on a new 125 year lease to the current freeholder at a ground rental of £100 per annum.

Auctioneer’s Note

Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.

Map

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.