GROUND RENT INVESTMENT
ON BEHALF OF A CHARITY
6 Week completion
Located in this cul-de-sac directly off Stanley Road close to its junction with East End Road within this popular residential area, being approx. 1⁄3 mile from East Finchley Underground Station (Northern Line) and a short distance from the North Circular Road (A406).
Comprising an end of terrace 3 Bed House planned on ground, first and second floors. The property includes an integral Garage, off street parking and a Rear Garden.
(Not inspected by Barnett Ross)
3 Bedrooms, Living Room, Kitchen, Bathroom/WC plus Garage.
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to 3 individuals for a term of 99 years from 29th September 1972 (thus having approx. 55 years unexpired) at a current ground rent of £60 per annum exclusive, rising to £90 per annum in 2028.
Note 1: The property has been underlet for 99 years less 10 days from 29th September 1972 at £80 p.a. and rising.