Southsea PO5 1EU Ground Rent Investment For Sale (SOLD)

• 4 Flats paying £50.00 each. Total ground rent income of £200 PA
• VP values circa £125,000
• There are reasonably large works required
• Asking £5,000 No fees.
• The leases are as follows:
• · Basement Flat dated 19th September 2006 for a term of 125 years from 1st April 2006, with a £50 rent
• doubling every 25 years and a one quarter service charge proportion.
• · Ground Floor Flat dated 31st July 2015 for a term of 125 years from 1st April 2006, with a rent of £50 doubling
• every 25 years and a one quarter service charge proportion.
• · Flat 2 dated 4th September 2008 for a term of 125 years from 1st April 2006, with a rent of £50 per annum
• doubling every 25 years and a one quarter service charge proportion.
• · Second Floor Flat dated 15th September 2016 for a term of 125 years from 1st April 2016, with a rent of £50
• per annum doubling every 25 years and a one quarter service charge proportion.
• There are usual obligations on the landlord to maintain and insure.

Southsea PO5 1EU Ground Rent Sales Properties Always Required