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 Redevelop The Roof Space To Provide Further Residential Units (Subject to obtaining all necessary consents).
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
Note (2nd Column)
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Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Enquire about Darwin Court, 172 Balaam Street, Plaistow, London, E13 8RB
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