Investment for sale Heathfield TN21 0FN,0sq ft

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Investment

Investment For Sale Heathfield

PROPERTY ID: 139803

PROPERTY TYPE

Investment

STATUS

Available

SIZE

0 sq.ft

Key Features

Freehold Ground Rent Investment For Sale

Significant price reduction - Offers are invited in the region of £32,000

Two residential blocks of flats with ancillary grounds and associated car parking

Block 1 comprising nine self-contained flats with 125-year leases, producing ground rent income of £2,150 per annum

Block 2 comprising nine self-contained flats with 125-year leases, producing peppercorn income

The first ground rent review is 25/12/2043 and then every 25th anniversary of that date thereafter

The ground rent doubles at each rent review

Property Details

The property is located on Bramley Avenue, Horam. Horam is a village within East Sussex. The Local Authority is Wealden District Council.

- Freehold Ground Rent Investment For Sale. - Significant Price Reduction - Offers Are Invited In The Region Of £32,000. - Two Residential Blocks Of Flats With Ancillary Grounds And Associated Car Parking. - Block 1 Comprising Nine Self-contained Flats With 125-year Leases, Producing Ground Rent Income Of £2,150 Per Annum. - Block 2 Comprising Nine Self-contained Flats With 125-year Leases, Producing Peppercorn Income. - The First Ground Rent Review Is 25/12/2043 And Then Every 25th Anniversary Of That Date Thereafter. - The Ground Rent Doubles At Each Rent Review.

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About the Agent

Stiles Harold Williams Partnership LLP

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Investment Unit

£32,000 Freehold

Merrydown,Bramley Avenue, Heathfield, TN21 0FN

Investment - Available
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