Summary - Ground Rents at Ashvale Court, 2 Matilda Gardens, London, Tower Hamlets, E3 2GS E3 2GS
27 bed 1 bath Commercial Property
### Key Features:
- **Type**: Freehold Commercial Property with 27 Residential Ground Rents
- **Location**: Bow, Tower Hamlets, E3 2GS – Approx. 5 miles from Central London
- **Value**: Auction starting at **£75,000**
- **Income**: Annual rent of **£7,200** from residential flats
- **Lease Duration**: 111 years remaining on the lease (130-year lease initiated in 2004)
- **Auction Date**: Scheduled for **16/04/2025** at 1:00 PM
- **Low Crime Area**: Safe, family-friendly environment with good schools nearby.
- **Transport Links**: Close to Bow Road Underground Station, A12, and London City Airport.
This unique investment opportunity features 27 residential ground rents within a modern 6-storey block of purpose-built flats, perfect for savvy investors seeking stable income streams. Positioned in the vibrant district of Bow, this property benefits from excellent transport connections and access to local amenities, including schools rated as 'Good' and 'Outstanding’ by Ofsted.
While the annual ground rent income is appealing, potential buyers should also note the commercial nature of the investment and the responsibility it entails regarding the management of property leases. However, being completely chain-free enhances the appeal for quick acquisition. Don’t miss out on securing this promising real estate investment—take advantage of the upcoming auction and make this a cornerstone of your property portfolio!
Commercial property for sale in Ground Rents at Ashvale Court, 2 Matilda Gardens, London, Tower Hamlets, E3 2GS, E3 — £75,000 • 27 bed • 1 bath
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