Burgess Hill, West Sussex
Property Summary
Built in the 1980's the development is arranged as 8 flats in a 2 storey block to the front and 6 bungalows to the side and rear.
There is a small commercial office on site and forming part of the title but this is excluded from the sale, albeit it may be available to be purchased. Age requirement of 55 and over to occupy any of the units.
The next review is in 14 years time (2037).
2. All copy Leases, Freehold office copy entries available on request.
3. Service charge accounts available upon request.
4. Last sales in development:-
a) No. 3 - £210,000 (2 Bed) - 22 July 2021
b) No. 1 - £90,000 (2 Bed) - 19 March 2021
c) 2 Bed on market for £210,000
d) 2 Bed bungalow on market for £225,000
On each assignment 1% of the sale price is paid to the Freeholder (save for flats 7&8).
Freeholder Manages & Insures
Offered, subject to Section 5A Notices Landlord & Tenant Act 1987 as amended.
lot type
Ground Rents
private treaty - sale status
Under Offer 2023
type
Freehold Ground Rent Investment, producing £1,778pa
description
Built in the 1980's the development is arranged as 8 flats in a 2 storey block to the front and 6 bungalows to the side and rear.
There is a small commercial office on site and forming part of the title but this is excluded from the sale, albeit it may be available to be purchased. Age requirement of 55 and over to occupy any of the units.
The next review is in 14 years time (2037).
2. All copy Leases, Freehold office copy entries available on request.
3. Service charge accounts available upon request.
4. Last sales in development:-
a) No. 3 - £210,000 (2 Bed) - 22 July 2021
b) No. 1 - £90,000 (2 Bed) - 19 March 2021
c) 2 Bed on market for £210,000
d) 2 Bed bungalow on market for £225,000
On each assignment 1% of the sale price is paid to the Freeholder (save for flats 7&8).
Freeholder Manages & Insures
Offered, subject to Section 5A Notices Landlord & Tenant Act 1987 as amended.