Property Summary

A modern block on 2 floors, built 1997 comprising 8 flats (all 2 bedroom) with car parking spaces. There is a management company (tripartite lease) who are responsible for the insurance, management and repair of the building.

The total ground rents are £800 rising every 25 years. Next review due 2023 rising £1000pa. All leases are 125 years from 24 March 1998, therefore 101 years remaining.

Ground Rent Review 2023

lot type

Ground Rents

private treaty - sale status

Offers invited

offers invited text

Subject to Section 5A Notices

type

Freehold Ground Rent Investment for sale, producig £800pa with a review 2023

description

A modern block on 2 floors, built 1997 comprising 8 flats (all 2 bedroom) with car parking spaces. There is a management company (tripartite lease) who are responsible for the insurance, management and repair of the building.

The total ground rents are £800 rising every 25 years. Next review due 2023 rising £1000pa. All leases are 125 years from 24 March 1998, therefore 101 years remaining.

Ground Rent Review 2023