Lot 104 - 50 Northcote Road, Croydon, Surrey

CR0 2HU

McHugh & Co describes this property as: London Borough of Croydon Situated off Whitehorse Road, in a popular residential area close to local shopping/ travelling facilities including Selhurst Rail Station. Freehold Ground Rents amounting to £300 per annum derived from Four Self-Contained Flats each on lease as follows: Flat 1 150 years from 1st March 2007 at a ground rent of £100 per annum rising. Flat 2 From 18th January 2010 to 24th March 2174 at a peppercorn. Flat 3 99 years from 25th March 1985 at a ground rent of £50 per annum increasing by £50 every 33 years. Current ground rent £100 per annum. Valuable reversion in approximately 64 years Flat 4 99 years from 25th March 1985 increasing by £50 every 33 years. Current ground rent £100 per annum. Valuable reversion in approximately 64 years In accordance with Section 5(B) of the Landlord and Tenant Act 1987, notices have been served on the lessees. The lessees have not reserved their rights of first refusal..

Auctioneer's Lot page

£30,000+

Guide Price