Property Summary

A modern block ground rent investment as 6 flats. All 2 bedroom flats. Last flat in the block sold at £196,000 in 2019 with a 25 year lease Current ground rent on flats £870pa (rising). On a separate Freehold title at the rear are 20 car spaces, all sold off on separate leases with 14 having original term, so 60 years to run - 6 extended - Total rents £1,070pa rising.

lot type

Ground Rents

schedule

Terms and ground rent figures, available upon request

Copy leases available

Freeholder mnages and insures

Offers Invited
Subject to serving of Section 5a Notices under the Landlord and Tenant Act 1987 (as amended)

type

Freehold Ground Rent Investment producing £1,070pa rising

description

A modern block ground rent investment as 6 flats. All 2 bedroom flats. Last flat in the block sold at £196,000 in 2019 with a 25 year lease Current ground rent on flats £870pa (rising). On a separate Freehold title at the rear are 20 car spaces, all sold off on separate leases with 14 having original term, so 60 years to run - 6 extended - Total rents £1,070pa rising.