Lot 16: FREEHOLD GROUND RENTS

Sold £19,000

A mid-terrace property converted to provide three self-contained flats.

Flat A is sold on a ground lease for a term of 125 years from 25th March 2005 at a ground rental of £296 per annum. Flats B and C are both sold on ground leases for a term of 157 years from 21st October 1983 each at a ground rental of £490 per annum.

Auctioneer’s Note

Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.