To be sold by online auction as lot 71 on Thursday 2 Sep 2021 - 999 Year Long Leasehold Reversionary Investment
Highly Reversionary Investment in 2022
London Borough of Haringey
Conveniently situated at the junction with Page Green Terrace and Townsend Road in a popular residential area close to local shopping/travelling facilities including Seven Sisters Overground and Underground Stations (Victoria Line). Markfield Park is also nearby.
The property comprises a Two Bedroom Ground Floor Flat
The long leasehold interest which is to be sold is subject to a Headlease in favour of London Borough of Haringey. The Headlease is dated 24th September 1923 and granted originally to Mr James Guy Estherby for a term of 99 years from 24th June 1923, expiring on 23rd June 2022, at a ground rent of £10 per annum. Valuable reversion in approximately 1 year.
Flat A: 78.8 sq m (Approximately 848 sq ft)
Leasehold. A new 999 year lease is to be granted at a peppercorn ground rent.
Note: The apartment has its own dedicated front entrance door from Townsend Road.
Joint Auctioneers:
Messrs. Gilmartin Ley