Property Summary

2 storey development of 11 flats built in the 1970's with pitched roof and car parking / garages to rear of the site.

5 short leases review with only 51 years remaining.

* 11 Flats total
* 51 year leases to 5 flats
* 1 flat (62) on 5 year review to RPI (due 2028)
* 5 extended leases

Notes 1. Sole Agents.
2. All copy Leases, Freehold office copy entries available on request.
3. Service charge accounts available on request.
4. Last sales in block:-
a) No. 76; short lease - £114,000 (2 Bed) - 25 May 2023
b) No. 64; long lease - £130,000 (2 Bed) - 17 Sept 2021
Freeholder Manages & Insures

lot type

Ground Rents

private treaty - sale status

FOR SALE 2025

type

Freehold Ground Rent Investment, producinng £767pa (rising)

description

2 storey development of 11 flats built in the 1970's with pitched roof and car parking / garages to rear of the site.

5 short leases review with only 51 years remaining.

* 11 Flats total
* 51 year leases to 5 flats
* 1 flat (62) on 5 year review to RPI (due 2028)
* 5 extended leases

Notes 1. Sole Agents.
2. All copy Leases, Freehold office copy entries available on request.
3. Service charge accounts available on request.
4. Last sales in block:-
a) No. 76; short lease - £114,000 (2 Bed) - 25 May 2023
b) No. 64; long lease - £130,000 (2 Bed) - 17 Sept 2021
Freeholder Manages & Insures