4 Stanford Avenue, Brighton, BN1 6AA
Property Summary
A substantial building of 12 flats.
Unusual ground rent review clause every 25 years to a % of total market value of block.
The adjoining property is also offered for sale at the same time as 2 Notices required.
Flat 5 has a fixed rent £70/£150/£300/£600/£1200 rising every 25 years.
Flat 1 has an extended 189 year term.
Flat 8 has a 215 year term from June 1988 - all other flats have 90 years remaining.
Freeholder Manages & Insures.
Offered, subject to the Landlord & Tenant Act 1987, Section 5a (as amended).
Please contact the office for individual ground rents.
private treaty - sale status
Under Offer 2024
type
Freehold Ground Rent Investment, producing £1,170pa (rising)
description
A substantial building of 12 flats.
Unusual ground rent review clause every 25 years to a % of total market value of block.
The adjoining property is also offered for sale at the same time as 2 Notices required.
Flat 5 has a fixed rent £70/£150/£300/£600/£1200 rising every 25 years.
Flat 1 has an extended 189 year term.
Flat 8 has a 215 year term from June 1988 - all other flats have 90 years remaining.
Freeholder Manages & Insures.
Offered, subject to the Landlord & Tenant Act 1987, Section 5a (as amended).
Please contact the office for individual ground rents.