For sale by auction 13/12/2022 £125,000 plus
Leasehold residential investment - two bed flat let on an AST at £1,150 pcm
Location & Description
Forming part of a two storey, mxed use property comprising a part ground floor/first floor flat.
Located at the junction with Longfield Avenue across the road from Albany Leisure Centre, close to Albany Park, about mile from Turkey Street overground station and having good road links via the A10 and M25.
Accommodation
First Floor: 2 bedrooms, living room, kitchen
Ground Floor: Shower room/toilet
Tenure
Leasehold - 99 years from 24.06.1973 (about 49 years unexpired) at a current ground rent of £50 p.a.
Tenancy Details
Let on an AST at £1,150 per calendar month.
Note
1. The seller is prepared to serve a Section 42 Notice for a lease extension after exchange (at the buyer's cost) and assign the benefit to the buyer (refer to legal pack).
Auction Surveyor: Robert Woolfe
Contact:
Equivalent to £13,800 p.a.
EPC Rating
E