Sold Prior
- Terraced House
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Freehold Ground Rent Investment Secured Upon Twenty Four Flats Producing £2,879 per annum & Seventeen Garages (Thirteen of the Garages are Sold Off on Long Leases). Four of the Flats have Leases Expiring in 48 years and One with 73 years and therefore Highly Reversionary. There is Potential to Red
The property comprises a ground rent investment secured upon 24 flats situated within two purpose built blocks arranged over ground and two upper floors.
Tenure
Freehold
Location
The property is situated in the East London area of Plaistow close to local shops and amenities as well as being moments from the open spaces of Plaistow Park. Transport links are provided by Plaistow underground station (Circle, District and Hammersmith & City lines).
Exterior
The property benefits from 17 garages (13 sold off on long leases) and communal parking. 4 of the sold off flats are subject to leases with 48 years and 1 sold off with 73 years unexpired thus making them highly reversionary
S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights.
Current Rent Reserved £2,879 per annum
Viewing Details
Sold Prior
Addendum
Sold Prior
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
