Norwich, Norfolk, NR3 3FH Ground Rent Investment Sales
- The blocks are on the same site but have different addresses.
- 8-22 Edward Street, Norwich, NR33FJ
- 1-16 Dalymond Court, Norwich, NR33FH
- 24 grounds at £150 PA in two purpose built blocks
- Total annual ground rent of £3,600 PA
- Ground rents double every 25 years
- Leases 125 years from March 2014
- Management Company on lease that will be transferred to new Landlord.
- Seller manages the maintenance of the building and insurance for the block. He charges around £550 maintenance every year, there are no lifts. He have installed 33kw/h (£40,000) of solar on the roof which is installed for export only.
- I attach the titles for both sites and the lease. The car park is on a separate title and have no legal connection to the freeholds:
- Asking price £64,800 (18yp)
- Fee £5,000 + VAT
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Norwich, Norfolk, Ground Rent Sales
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GROUND RENTS FOR SALE LTD
We are the UK's leading ground rent broker as such we are always looking for new ground rent properties to sell to waiting buyers. We have hundreds of ground rent buyers and always get the highest prices.
Get in touch with us for a free market appraisal, help and advice or use our ground rent valuation form for a value on your own ground rents.
Assuring you of our best attention at all times.
GROUND RENTS FOR SALE LTD
We are the UK's leading ground rent broker as such we are always looking for new ground rent properties to sell to waiting buyers. We have hundreds of ground rent buyers and always get the highest prices.
Get in touch with us for a free market appraisal, help and advice or use our ground rent valuation form for a value on your own ground rents.
Assuring you of our best attention at all times.