SoldFreehold Ground Rent Investment For Sale - Edmonton London N18
3 flats with 74 years remaining on the leases
4 Cuthbert Road,
Edmonton, LONDON N18 2QLThe property is located in Edmonton, North London in a relatively quiet residential road, with excellent transport links: Silver Street Railway Station is 300m to the West and provides services to London Liverpool Street every 15 minutes with a journey time of 25 minutes.
The property comprises three converted flats: 2 x two bedroom units and 1 x one bedroom unit.
Each flat has a private garden and there is one off street car parking space which is demised to Flat 2.
Each flat has a lease of 99 years from 25th December 1989. There are therefore 74 years remaining on the leases. A typical lease which shows the floor layouts can be downloaded.
The annual ground rent income with effect from this December is £100 per flat (£300 pa total) which rises to £150 (£450 pa total) in 2039 and £200 (£600 pa total) in 2064.