York Road, Hove, BN3 1DJ
Property Summary
An inner terraced building arranged as 4 flats, producing £650pa (rising).
189 year lease from 1992 - 159 years remaining
Ground Rent: £280pa increases to £410 in 2041
GROUND FLOOR
Term: 99 years from 25/12/1992 - 69 years remaining
Ground Rent: £110 increasing in 2041 to £175, then in 2066 to £250pa
FIRST FLOOR
Term: 999 year lease from 2012
Ground Rent: £110 increasing in 2041 to £175, then in 2066 to £250pa
SECOND FLOOR
Term: 189 years from 25/12/1992
Ground Rent: £150 doubling every 30 years through term.
Freeholder Manages and Insures
Offers Invited, subject to Section 5A Notices
lot type
Ground Rents
private treaty - sale status
Sold 2023
type
Freehold Ground Rent Investment For Sale, producing £650pa (rising)
description
An inner terraced building arranged as 4 flats, producing £650pa (rising).
189 year lease from 1992 - 159 years remaining
Ground Rent: £280pa increases to £410 in 2041
GROUND FLOOR
Term: 99 years from 25/12/1992 - 69 years remaining
Ground Rent: £110 increasing in 2041 to £175, then in 2066 to £250pa
FIRST FLOOR
Term: 999 year lease from 2012
Ground Rent: £110 increasing in 2041 to £175, then in 2066 to £250pa
SECOND FLOOR
Term: 189 years from 25/12/1992
Ground Rent: £150 doubling every 30 years through term.
Freeholder Manages and Insures
Offers Invited, subject to Section 5A Notices