4 flats with one lease having an unexpired term of 62 years.
Total ground rent collected £575.00 per annum
Landlord manages and insures and recovers from lessees
Asking price. Offers in region of £185,000 + 3% intro fee.
Lease and docs available for inspection.
Brief details are as follows:
Raised ground floor flat 99 yrs from
99 years from 24 June 1979, thus having 62.02 years unexpired
Ground rent £75 Pa Rising to £220.
Lower ground floor
ground lease until 23 June 2144, thus having 128.02 years unexpired
Ground rent paid £500 PA.
First floor flat
lease for a term of 165 years from 24 June 1979, thus having 128.02 years unexpired
Peppercorn ground rent.
Second and third floor flat
lease for a term of 189 years from 29 September 1986, thus having 159.28 year unexpired. Peppercorn ground rent.
Communal garden and various roof voids not demised to flats.
Basement potential subject to usual consents.