Property details
- Auction Date: 28th June 2023
- Freehold Ground Rent Investment
- Total Ground Rent Income of 1,175 per annum
- 5 Flats Sold Off on 125 Year Leases From 2020
- Cash Buyers Only
- Ownership of Flats are NOT Included In The Sale
Guide Price £12,000 to £15,000
CASH BUYERS ONLY
Freehold Ground Rent Investment comprising of:
5 Flats
All sold off on 125 year leases from 2020
Producing an annual income of £1,175.
We are advised that under Section 5b of the Landlord and Tenant Act 1987, the lessees have NOT reserved their rights to purchase the freehold.
PLEASE NOTE THIS IS NOT A PROPERTY THAT IS BEING SOLD BUT A FREEHOLD INVESTMENT WITH ABSOLUTELY NO OWNERSHIP OF THE FLATS INCLUDED IN THE SALE.
