<Drayton Park London N5 Ground Rent Reversion For Sale

Drayton Park N5 Ground Rent Sales

Drayton Park N5 Ground Rents For Sale

Drayton Park London N5 Ground Rents With Leases Of 75 Years

Converted victorian house with 3 flats sold on 99 year leases

2 x 2 beds & 1 x 3 beds flats

All leases have an unexpired term of 75 years

Freehold is being offered for sale subject to the above leases

Section 5 notices have already been served and the leaseholders have not taken up their rights to buy the freehold

Total amount of ground rent paid annually of £600

Leaseholders manage the building via RTM

Building and common parts are in good order

There is a sinking fund that the lessees contribute to for any works in the future

Asking price £80,000

Properties Urgently Required