Property Summary

Arranged as 12 flats, each with garage with unusual ground rent review clauses.
Current ground rent being paid £16,783 per annum
5 flats RPI every 5 years
7 flats to % on assignment
Garages review every 5 years to different base

Freeholder manages and insures

lot type

Ground Rents

private treaty - sale status

Offers invited

offers invited text

We are advised that due to the number of flats with ground rents over £1,000pa in this block, the property does not fall within the Landlord & Tenant Act 1987 and therefore no rights of first refusal apply and therefore no notices are required

type

For Sale
Freehold Ground Rent Investment
Offers in the Region of £250,000

description

Arranged as 12 flats, each with garage with unusual ground rent review clauses.
Current ground rent being paid £16,783 per annum
5 flats RPI every 5 years
7 flats to % on assignment
Garages review every 5 years to different base

Freeholder manages and insures