Withdrawn
- Property For Sale
Call the team on 01273 201989 for more information
Freehold Ground Rent Investment on 12 houses producing £8796 pa Review 2023.
An unusual opportunity to acquire the freehold of 12 long leasehold modern homes, built around 2007/08 Each Lease is for 125 years from 1 July 2008. Total current income is £8,796 pa (ie £733 per property -collected half yearly) Rent review clause is every 5 years reviewed to the higher of the RPI or HPI. Upward only. Next Review July 2023 Freeholder Insures Full repairing leases Original rent was £594 pa per house at commencement. We understand all houses are 3 bedrooms with car spaces.
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 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.