Lot 108: FREEHOLD GROUND RENTS

Residential Investment - Thanet Area
Library photograph
Sold After

A mid-terrace property converted to provide four self-contained flats. Each flat has been sold on 125 year leases from 14th June 2004 at a current rental of £100 per annum. We understand the freeholder is responsible for the maintenance, management and insurance of the building, recovering the costs from the leaseholders by way of a service charge.

Auctioneer’s Note

Three of the leasehold interests are owned by the same individual therefore Section 5(B) Notices under the Landlord & Tenant Act 1987 (as amended) have not been served.