Lot 6: FREEHOLD GROUND RENTS

Sold £140,000

A substantial modern development comprising a single block containing twenty eight apartments, each sold on a 125 year Lease from 1st January 2015 at a current ground rental of £250 per annum (with the exception of Flat 25A which is £125 per annum).

Auctioneer’s Note

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

Residential EPC: C