For Sale: Ground Rent Investment comprising the freehold of a block of 8 apartments.

  • £26,000

Description

Ground Rent Investment For Sale £26,000

For Sale: Ground Rent Investment comprising the freehold of a block of 8 apartments. 

The apartments have all been sold on 125 year leases dated 2007. 

Ground rent income is £125 per apartment per year.

Total £1,000 per annum.

The ground rent has fixed increases. 

June 2032 rises to £250 per apartment
June 2057 £350 per apartment 
June 2082 £450 per apartment 
June 2107 £550 per apartment 

The freeholder insures and manages the block. 

Our Ref: 178213016

Map / Streetview

  • Address 106 Coatham Road Redcar
  • City Redcar
  • State/county North Yorkshire
  • Zip/Postal Code TS10 1RZ

Overview

Property ID: PBE-7609

Contact Information

Parker Barras
  • Parker Barras

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Parker Barras
  • Parker Barras