E829: Victoria Park Road, South Hackney, London E9

Two converted Apartments (the ground floor a 3 bed the first a 2 bed) in a Victorian Development

one sold on a 99-year Lease from 1st November 1987

one sold on a 156-year Lease from 2020

at a combined (rising) ground rent of £400 per annum.

One rising by £75 in 2054; one rising by £250 every 25 years.

 

ONE 2 bed LEASE WITH 63 YEARS TO RUN

 

The ground floor Apartment was sold in November 2020 for £705,000

 

The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT

Sum Insured: £556,045. Premium: £2,198.40. Renewal: 28th February 2024.

 

The Landlord owns everything above the ceilings, below the floors and the building envelope.

 

The Lessees cannot alter their Premises without the written Consent of the Landlord.

Section V Notices have not yet been served.

 

Copy documents: Executed Lease.

 

GUIDE PRICE £50,000