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For Sale By Auction | 13:00, 18 June 2020 | Lot 25

Freehold Ground Rent Investment At 4 Kersal Crag, Salford, Greater Manchester, M7 4SL

Sold £1

  • Property For Sale
  • Tenure: Freehold

Call the team on 0800 050 1234 for more information

Auction Date

Thu 18/06/2020

Auction Time


Auction Venue

Online Auction Online Auction,

999 year ground rent from 22.08.1973 at £25 per annum

Freehold ground rent investment held at 4 Kersal Crag Salford Manchester M7 4SL 999 year ground rent from 22.08.1973 at £25 per annum The long leaseholder can only sublet the whole property to a single family and is not allowed to remove any internal walls without freeholders consent. Land registry / Rightmove sold price history shows the high value of the long leasehold interests as below; No 21 Kersal Crag sold in March 2019 for £275,000 No 3 Kersal Crag sold in December 2018 for £265,000 No 16 Kersal Crag sold in August 2017 for £290,000



Energy Efficiency Rating (EPC)

Current Rating n/a

Local Authority

Salford City Council

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.