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56 / 58 / 68 & 70 Maldon Road, Southend-on-Sea

Guide Price
£13,000
Hair & Son, Southend-On-Sea
PROPERTY TYPE

Land

SIZE

Ask agent

Description

This Freehold / Ground Rent Investment is secured against two Semi-Detached Buildings arranged as four self-contained flats (all sold off on leases). The approximate unexpired lease terms are as follows: Number 56 - 59 years, Number 58 - 79 years, Number 68 - 87 years and Number 70 - 93 years. The Ground Rents are currently producing an income of £335 per annum and this is due to increase in the future. 

EXISTING LEASES 56: 99 years from the 25th December 1986
58: 99 years from the 13th April 2006
68: 99 years from the 25th December 2014
70: 189 years from the 25th December 2020 

CURRENT GROUND RENTS 56 - £35 per annum
58 - £100 per annum
68 - £100 per annum
70 - £100 per annum 

NB Please note that in accordance with the Landlord and Tenant Act Section 5(b) Notices have been served to the Lessees. 

AGENTS NOTE Please note that the individual flats have been sold off on leases and are NOT included in this sale.
The buildings (and the flats within them) have not been inspected by Hair & Son Auctions. 

LEGAL PACK For confirmation of and further information on the leases and ground rents please refer to the legal pack 

TENURE Freehold 

VIEWING External Viewings Only. 

 

56 / 58 / 68 & 70 Maldon Road, Southend-on-Sea

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Southend Victoria Station0.2 miles
  • Southend Central Station0.5 miles
  • Prittlewell Station0.6 miles

About Hair & Son, Southend-On-Sea

186 London Road, Southend-On-Sea, SS1 1PJ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

With over 100 years experience, Hair & Son offer a complete residential and commercial estate agency service, complemented by property management, lettings and financial services, with professional, experienced and highly motivated staff who will help you every step of the way.

We are able to offer the following:

  • Residential Sales and Lettings
  • Auctions selling all types of property, land and ground rent investments
  • Commercial Sales and Lettings
  • Industrial Sales and Lettings
  • Office Sales and Lettings
  • Property and Block Management
  • Surveys on all types of property

Included with our Sales package:

  • Professional photography and video
  • Floorplans
  • Listed on major property portal
  • Social media advertising
  • Accompanied viewings
  • For Sale board
  • No fixed term contract
  • No upfront fees

When a buyer has been secured, you will have a dedicated Sales Progressor to liaise between the purchaser, seller and solicitors throughout the whole chain, meaning you are always aware of what's happening throughout the sales process, right up to moving day.

For all your local property needs, Hair & Son have it covered.

www.hairandson.co.uk

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 101353019229. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hair & Son, Southend-On-Sea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hair & Son, Southend-On-Sea on 01702 967787.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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