Lot 31
Flats 1-5, 30 Belgrave Gardens
St John's Wood, London, NW8 0RB
Sold for £185,000
A Freehold Reversionary Ground Rent Investment Secured Upon Five Self-Contained Flats Producing a Combined Income of £250 per annum. The Unexpired Lease Terms Range from 54 years to 72 years.
Description
Tenure
Freehold
Location
The property is situated in the highly sought after North West London area of St. Johns Wood close to local shops and amenities. The open spaces of Paddington Recreation Ground are within easy reach. Transport links are provided by St. John's Wood underground station and South Hampstead rail station.
Note (2nd Column)
The sale will be by way of a company sale within an SPV (Special Purpose Vehicle). For full details, please refer to the legal pack.
Viewing Details
This property is a Ground Rent Investment and therefore there are no internal viewings.
Accommodation & Tenancy Schedule
| Floor | Accommodation | Tenancy | Current Annual Rent |
|---|---|---|---|
| Flat/Floor | Lease Terms | Ground Rent P.A. | Reversion |
| Flat 1/Basement | 99 years from 25/03/1987 | £50.00 | Lease expires in approx. 72 years in March 2086 |
| Flat 2/Basement | 99 years from 12/12/1974 | £50.00 | Lease expires in approx. 59 years in December 2073 |
| Flat 3/First Floor | 99 years from 01/06/1979 | £50.00 | Lease expires in approx. 64 years in June 2078 |
| Flat 4/Second Floor | 99 years from 12/12/1974 | £50.00 | Lease expires in approx. 59 years in December 2073 |
| Flat 5/Third Floor | 99 years from 05/03/1975 | £50.00 | Lease expires in approx. 60 years in March 2074 |
Additional Fees
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.
View Details as PDFEnquire NowRegister to Bid
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
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