Property Information
Address:
Merrydown, Bramley Avenue, Heathfield, East Sussex
, TN21 0FN
, East Sussex
, United Kingdom
Price: Buy: POA
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH680636
Property Ref/Agent: 22926
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 8, 2024
Property description
- Freehold Ground Rent Investment For Sale.
- Significant price reduction - Offers are invited in the region of £32,000.
- Two residential blocks of flats with ancillary grounds and associated car parking.
- Block 1 comprising nine self-contained flats with 125-year leases, producing ground rent income of £2,150 per annum.
- Block 2 comprising nine self-contained flats with 125-year leases, producing peppercorn income.
- The first ground rent review is 25/12/2043 and then every 25th anniversary of that date thereafter.
- The ground rent doubles at each rent review.
Freehold Ground Rent Investment For Sale
Significant price reduction - Offers are invited in the region of £32,000
Two residential blocks of flats with ancillary grounds and associated car parking
Block 1 comprising nine self-contained flats with 125-year leases, producing ground rent income of £2,150 per annum
Block 2 comprising nine self-contained flats with 125-year leases, producing peppercorn income
The first ground rent review is 25/12/2043 and then every 25th anniversary of that date thereafter
The ground rent doubles at each rent review
;