Lot 58: FREEHOLD INVESTMENT

Sold £335,000

No. 25 Princes Road occupies a triangular-shaped site on the corner of Princes Road and Duke Road within a short distance to local shops and amenities and Barkingside Underground (Central Line) Tube Station. It has a single storey extension at the rear and is in a popular area.

Ground Floor

Entrance hall, living room and open-plan into the extended dining room, kitchen and bathroom.

First Floor

Three bedrooms.

Outside

Front and rear gardens. There is a single garage to the side of the house with a further space available for parking either immediately in front of the garage or within the gravelled drive from the access into the main garden area.

Occupancy Agreement

The property is let under an Occupancy Agreement (which commenced on 19th July 1993) at a current contractual rental of £249.14 per week, equivalent to £12,955.28 per annum. The Agreement allows for annual increases in line with the Retail Prices Index (RPI) plus 2%.

Auctioneer’s Note

The property has not been inspected by the Auctioneers.

The details and library photographs have been provided by the seller and interested applicants should rely on their own investigations to verify the information provided.

Viewings

There will be no internal viewings and interested applicants are requested not to contact the occupants direct.

Residential EPC: D