Ref: Lot 39
22 Freehold Ground Rents
Town and Country Property Auctions are pleased to offer for sale this investment opportunity to acquire several freehold ground rents, each with their own leases as follows:
Gloucester Road, London, N18 1HL – No's: 14, 16, 18, 20 and 28.
6 terraced Victorian houses each let on a lease for a term of 170 years from December 1931 (78 years unexpired) at £5.60 per annum each.
Pegley Gardens, London, SE12 0PZ
The property comprises 4 properties - No's 6, 10, 12, 14 together with 9 lock-up garages. The houses and garages are all let on separate 999 leases from 1961. Rent - £15.00 each. To include associated common parts and service road.
Lock-up Garages in Pembroke Road, Ruislip – entrance adjacent to Pembroke Court, Ruislip HA4 8ND.
Three lock-up garages on a small plot of land. Each is separately let on a lease for a term of 99 years from 25th March 1965 (41 years unexpired). Rent - £5 per annum.
48 Bassein Park Road, London, W12 9RZ
Terraced house – let for 999 years from September 1879 at £8.00 per annum.
We advise all interested parties to review the legal pack for further information.
Please note that the photo is for illustration purposes only. The property is not for sale.
Disclaimer:
Material information will be provided within the legal pack - to download this register your interest at tcpa.co.uk.
N/A
Freehold
For sale by online auction on 28 November 2024
Bidding opens at 10:00am and closes from 12:00 noon
Freehold Ground Rents Only
Investment Opportunity
For Sale As 1 Lot
See Legal Pack For Further Details
Plus Fees
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
By subscribing here you agree to receive relevant emails, news and updates from Town & Country Property Auctions. You can unsubscribe at any time.
No fuss, fast & free*
Town and Country offer a free selling service to a growing number of people choosing to sell their property quickly and easily through auction.
*Contact individual regions for cost
How to bid
Our buying at auction guide will help you throughout the process providing you with guidance to confidently secure your purchase.