New Cross SE14 Ground Rent Sales

New Cross SE14 Ground Rents For Sale

New Cross London SE14 Ground Rents With Leases Of 78 Years

House converted into 4 flats sold on long leases

Each flat comprises two bedrooms, lounge, kitchen, bathroom.

All flats originally sold on 99 year leases

All leases have an unexpired term of 78 years

Freehold is being offered for sale subject to the above leases

Section 5 notices have already been served and the lessees have not responded

Total amount of ground rent paid annually of £800

Landlord manages and insures and recovers from lessees

Building is in good order throughout with no works expected in near future

Asking price £25,000

Properties Urgently Required