TypeGround Rents · Development - Residential

E11 Sheridan Place, Wanstead, London

TenureFor sale or rent

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Specification

Property type
Property typeGround Rents · Development - Residential
Tenure
TenureFor sale or rent

Description

Modern block on 4 main floors with parking and large grounds arranged as 4 'blocks'.

Dickens Court (16 Flats; E11 1UR)

Shelley Court (16 Flats; E11 1US)

Byron Court (16 Flats; E11 1UT)

Hardy Court (8 Flats; E11 1US)

56 Flats in total

1 Flat extended at peppercorn rent

GROUND RENT REVIEW

Originally £50pa per flat.

Reviewed 24 June 2018 and every 25 years to 1/800th of capital value on basis of 125 year lease term

The current rent payable is £512.52 per flat

Next review in 20 years. Last recorded sales in blocks:-

Flat 10 Shelley Court; £435,000 - September 2022

Flat 7 Dickens Court; £404,000 - September 2022

NOTES

1. Freeholder Manages and Insures

2. Subject to Section 5a Notices being served

3. All leases available upon request

4. Sole Agents

5. The Managing Agents are DMG who have managed for 17 years and would be happy to continue

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