29 Old Steine, Brighton, East Sussex, BN1 1EL
Property Summary
Arranged as 5 flats, all sold off on long leases with 106 years remaining providing a current ground rent income of £1000 pa with a review in 6 years to £2000 pa
All Flats 125 years from 25 March 2001
Each Flat £200 pa doubling every 25 years
Total Income (£1000/£2000/£4000/£8000/£16000/£32000 pa), rising every 25 years
lot type
Ground Rents
private treaty - sale status
Under offer
private treaty - offers invited
Subject to serving of Section 5a Notices under the Landlord and Tenant Act 1987 (as amended)
type
For Sale
Freehold Ground Rent Investment
description
Arranged as 5 flats, all sold off on long leases with 106 years remaining providing a current ground rent income of £1000 pa with a review in 6 years to £2000 pa
All Flats 125 years from 25 March 2001
Each Flat £200 pa doubling every 25 years
Total Income (£1000/£2000/£4000/£8000/£16000/£32000 pa), rising every 25 years