E738: Annette Close, Harrow Weald, Harrow, Middlesex HA3

Ten Apartments in a two storey Development in a private close

originally sold on 99-year leases from 29th September 1971

now at a combined (rising) ground rent of £1,299.96 per annum.

The ground rents are reviewed every 20 years to RPI.

THE NEXT REVIEW IS IN EIGHT YEARS

 

TWO LEASES WITH 48 YEARS LEFT TO RUN

 

There is a Head Lease from the Freehold to a Management Company

With Ten Under Leases from the ManCo to each Apartment.

The ManCo insures in an office approved by the Landlord. The Landlord has historically insured.

Section V Notices are not required.

Lessees cannot alter their premises without the written consent of the Landlord.

Copy documents held: Executed Head Lease & Specimen Under Lease; OCE to Head Lease.

 

Guide Price: £95,000