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Lot: 106 - FREEHOLD GROUND RENTS - Rear of block taken from Mount JoyLot: 106 - FREEHOLD GROUND RENTS - Front view of block taken from Whitepit Lane
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Lot 106 Freehold Ground RentsAuction Date:
12th June 2024

Ground Rents, 31 Whitepit Lane, Newport, Isle Of Wight, PO30 1LX

Currently let at £70 per annum

Category Ground Rents
Tenure Freehold

This freehold block is situated close to the centre of Newport and comprises two flats sold on long leases. The ground floor flat is sold on a 999-year lease, commencing 15th May 1987, and the first floor flat is sold on a 999-year lease, commencing 19th December 1986. Each flat pays a ground rental of £35 per annum.

We understand the leases provide for the freeholder to insure, maintain and manage the building, recovering the costs from the leaseholders by way of a service charge.

Auctioneer’s Note

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



Ground Rents, 31 Whitepit Lane, Newport, Isle Of Wight


There is an addendum available to be read
in conjunction with the legal documentation.

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