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
offers invited text
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