Property Summary

The building comprises of 4 blocks of 42 flats total, so 4 x Section 5's will be required

Lease Terms 125 years from 24/06/1986 - however 89 years remaining

Ground Rent Reviews Every 25 years - next review 24 June 2036 (14 years time)

Rents Total £2961/£4449/£6609/£9966
1 Bed Flats are:- £68/£102/£152/£228
2 Bed Flats are: £75/£113/£167/£254

Sales History in Block Flat 25; sold £180,000; 29/09/2021 (2 Bed)
Flat 9; sold £155,000; 04/09/2020 (1 Bed)

Freeholder Manages and Insures
Subject to Section 5a Notices

lot type

Ground Rents

private treaty - sale status

Offers invited

type

Freehold Ground Rent Investment, Block of 42 Flats, producing £2,916pa (rising)

description

The building comprises of 4 blocks of 42 flats total, so 4 x Section 5's will be required

Lease Terms 125 years from 24/06/1986 - however 89 years remaining

Ground Rent Reviews Every 25 years - next review 24 June 2036 (14 years time)

Rents Total £2961/£4449/£6609/£9966
1 Bed Flats are:- £68/£102/£152/£228
2 Bed Flats are: £75/£113/£167/£254

Sales History in Block Flat 25; sold £180,000; 29/09/2021 (2 Bed)
Flat 9; sold £155,000; 04/09/2020 (1 Bed)

Freeholder Manages and Insures
Subject to Section 5a Notices