Court Leet House, 1 College Road, Seaford, BN25 1JD
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.