*Guide | £1,000+ (plus fees)
- Block of Apartments
- 9 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Freehold Ground Rent Investment Secured Upon A Mid Terrace Building Arranged to Provide Nine Flats All Sold Off on Long Leases Producing a Combined Ground Rent of £1,800 Per Annum
Freehold and ground rent investment secured on a mid terrace building arranged to provide nine flats over ground and two upper floors, all flats have been sold off on long leases.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Ropner Park are within easy reach. Transport links are provided by Stockton rail station.
Tenancy
Each flat is sold off on a 999 year lease from 1st January 2022 at a ground rent of £200 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
