Lot 76: FREEHOLD GROUND RENT INVESTMENT

Guide Price £65,000 – £71,000 * + Fees
Ground Rents, 29 Osborne Road, London. NW2 5DR

Applicants may view the lot externally only

01273 504232

Clive Slade/Sam Kinloch

A mid-terrace house converted into two self-contained maisonettes situated in the popular residential area of Dollis Hill, North West London. The ground floor maisonette (29A) is sold on a 99 year lease from the 24th June 1988, at a current ground rental of £100 per annum and the first floor maisonette (29B) has been sold on a 99 year lease, from 27th September 1988, at a current ground rental of £100 per annum.

We understand that the freeholder is responsible for maintenance, management and insurance of the building, recovering the costs from the leaseholders by way of a service charge.

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.

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