E466: Great North Road, Fortis Green, East Finchley, London N6

Five converted Apartments

all originally sold on 125 year leases from 24th June 1988 at a combined (now fixed) ground rent income of £1,600 per annum

 

The Accommodation Comprises:

 

  • 2/3 bed PENTHOUSE with BALCONY occupying THE ENTIRE TOP FLOOR

 

  • 2 bed with BALCONY on first floor
  • ONE further 2 bed and TWO further one bed
  • each with own parking

The smallest one bed on the first floor lease was extended by statute in 2010

 

THE REMAINING MORE VALUABLE FOUR HAVE 94 YEARS REMAINING

 

The Landlord covenants to insure, manage and recover Service Charge as ADDITIONAL RENT

The Lessees cannot make any alterations without consent

Section V Notices have not yet been served

Copy documents held: OCE’s; Executed Lease

SAME OWNERSHIP SINCE 1992

 

GUIDE PRICE: £50,000