LOT 11

224 - 230 New Road, Croxley Green, Rickmansworth, WD3 3HH

224 - 230 New Road, Croxley Green, Rickmansworth, WD3 3HH


Property Viewings

Sold for £24,000


Property Details
Freehold ground rents secured upon four flats. The freeholder manages and insures.
224 (Ground Floor Flat and Parking Space)
Lease term of 99 years from 25/3/1987 (approximately 69 years remaining) - ground rent of £50 per annum fixed.
224a (First Floor Flat and Parking Space)
Lease term of 189 years from 25/3/1987 (approximately 159 years remaining) - peppercorn ground rent.
224b (First Floor Flat and Parking Space)
Lease term of 166 years from 19/11/2009 (approximately 158 years remaining) - peppercorn ground rent.
224c (Ground Floor Flat and Parking Space)
Lease term of 99 years from 25/3/1987 (approximately 69 years remaining) - ground rent of £50 per annum fixed.

Total rent reserve per annum: £100
  • Freehold
  • Ground rent investment

Other Information
Local Authority – Three Rivers District Council
NB. Stock image

Tenure
Freehold

Additional Information

A contract administration charge of £1,000 (inclusive of Vat) is payable on exchange of contracts. Please note this fee is not part of the deposit or purchase price.

Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.

*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.