Property Details - 5 Strahan Road, Bow, London

Sold Prior

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FREEHOLD GROUND RENT INVESTMENT

Lot 36

This terraced dwelling consists of two self-contained flatsthat have both been sold off on long leases. The groundfloor two bedroom flat has been sold on a 99 year leasefrom 2011 at a ground rent of 350 pa. The first floor flathas been sold off on a 99 year lease from 19th July 2002with a ground rental income of 100 pa, thus a totalincome of 450 pa. We understand that the relevantSection V notices have been served and that the tenantshave not exercised their rights to purchase.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

5 Strahan Road, Bow, London

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Price Information

Additional Fees

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