Stanford Hall, Gordon Road, Stanford le Hope, Essex, SS17 7RF

FREEHOLD, GROUND RENT INVESTMENT

£330,000 Guide Price

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Key features

Lot number: 1

Tenure: Freehold

FREEHOLD, GROUND RENT INVESTMENT

£330,000 Guide Price

A substantial Freehold, Ground Rent investment comprising thirty purpose-built flats and seven garages all with long Leases. There is also potential for the development of the air space above each block to create additional flats, subject to all necessary consents.

Accommodation

A substantial Freehold, Ground Rent investment comprising thirty purpose-built flats and seven garages all with long Leases. Flat 1: 99 years from 29/9/66 - Ground Rent of £15.

75 per annum Flat 2: 99 years from 29/9/66 - Ground Rent of £12. 60 per annum Flat 3: 99 years from 29/9/66 - Ground Rent of £22.

90 per annum Flat 4: 99 years from 29/9/66 - Ground Rent of £12. 60 per annum Flat 5: 99 years from 29/9/66 - Ground Rent of £21.

00 per annum Flat 6: 99 years from 29/9/66 - Ground Rent of £13. 60 per annum Flat 7: 99 years from 29/9/66 - Ground Rent of £19.

75 per annum Flat 8: 99 years from 29/9/66 - Ground Rent of £19. 75 per annum Flat 9: 142 years from 29/9/66 - Ground Rent of £50.

00 per annum Flat 10: 99 years from 29/9/09 - Ground Rent of £50. 00 per annum Flat 11: 99 years from 29/9/66 - Ground Rent of £16.

80 per annum Flat 12: 99 years from 29/9/10 - Ground Rent of £100. 00 per annum Flat 13: 99 years from 29/9/66 - Ground Rent of £19.

75 per annum Flat 14: 99 years from 25/6/12 - Ground Rent of £50. 00 per annum Flat 15: 198 years from 29/9/66 - Ground Rent of £100.

00 per annum Flat 16: 99 years from 28/9/13 - Ground Rent of £75. 00 per annum Flat 17: 146.

5 years from 29/9/66 - Ground Rent of £100. 00 per annum Flat 18: 99 years from 29/9/66 - Ground Rent of £13.

65 per annum Flat 19: 99 years from 25/3/01 - Ground Rent of £50. 00 per annum Flat 20: 99 years from 29/9/66 - Ground Rent of £15.

75 per annum Flat 21: 99 years from 29/9/66 - Ground Rent of £15. 75 per annum Flat 22: 99 years from 25/6/03 - Ground Rent of £50.

00 per annum Flat 23: 99 years from 25/6/13 - Ground Rent of £100. 00 per annum Flat 24: 99 years from 29/9/66 - Ground Rent of £18.

60 per annum Flat 25: 99 years from 29/9/66 - Ground Rent of £15. 75 per annum Flat 26: 99 years from 29/9/66 - Ground Rent of £12.

60 per annum Flat 27: 99 years from 29/9/66 - Ground Rent of £18. 90 per annum Flat 28: 99 years from 25/3/01 - Ground Rent of £35.

00 per annum Flat 29: 99 years from 29/9/66 - Ground Rent of £21. 00 per annum Flat 30: 122.

7 years from 24/6/21 - Ground Rent of £200. 00 per annum Garage 1: 99 years from 29/9/66 Garage 6: 99 years from 29/9/66 Garage 7: 99 years from 29/9/66 Garage 12: 99 years from 29/9/66 Garage 16: 99 years from 29/9/66 Garage 25: 99 years from 29/9/66 Garage 29: 99 years from 29/9/66 Thus producing £1,266.

50 per annum. AUCTIONEERS NOTES: In accordance with the Landlord and Tenants Act, Section 5(b) Notices have been served to the Leaseholders.

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