Property Auctions - ground rents for auction
Auction date: Wed, 19/03/2025 - 09:00
Guide Price £475,000+. A Freehold Ground Rent Investment and Roof Space Development Opportunity Offered with Planning Permission for the Construction of a Further 2 x Two Bedroom Flats All Secured Upon a Detached Building of Nineteen Flats (All Sold-Off on Long Leases) Currently Producing £6,775 Per Annum.
Auction date: Wed, 26/02/2025 - 13:00
Guide Price £105,000+. A 6 storey block of 39 purpose-built residential flats, with part concrete and brick elevation. The opportunity comprises the sale of the ground rents on 39x residential flats which are held under the terms of a lease for a term of 130 years from 24 June 2004 at a rent of £7,200 per annum. 15 x flats produce £200.00 per annum and 24 x flats at £175.00 per annum.
Auction date: Thu, 13/02/2025 - 12:00
Guide Price £15,000. This freehold ground rent investment consists of six retail units, ten flats and a roofspace on long leases with various ground rents. The overall income is £1780 per annum and the investment is sold with the benefit of this income.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £10,000+. Freehold Ground Rent Investment. This detached 60s style block of purpose built flats is arranged as four two bedroom maisonettes with garages. All of the Flats are sold on long leases and produces a total annual ground rent of £260.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £130,000+. A freehold mid-terrace property located within easy reach of various local and national retailers and a short distance from Hastings mainline railway station. The property comprises a commercial unit occupying the ground floor and the lower ground floor and car park to the rear. Flats 1-3 sold on 125 year leases from 26th August 2016 at a current ground rent of £100 per annum, per flat, doubling every 25 years. Basement sold on a 99 year lease from 9th September 1999 at a current ground rent of £50 per annum.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £30,000 - £35,000. This interesting investment lot consists of the Freehold of an age restricted (over 55s) development complex comprising of 51 bungalows. In total there is a current ground rent payable of £1,828 per annum which is subject to a review every 21 years. The next review is scheduled for September 2034. The leases were originally granted for the term of 125 years from 1992. The Freeholder also has the right to charge a transfer fee of 1% for any assignment transfer, underletting or parting of possession.
Auction date: Thu, 06/02/2025 - 11:00
Guide Price £8,000 - £10,000. A purpose-built modern block of four flats and associated parking. Each flat has been sold on a long leasehold interest of 250 years from 1st January 2006. The current ground rent payable is £100 per annum per flat. The leases provide for the freeholder to arrange for maintenance, management and insurance of the building, recovering the costs from the leaseholders by way of a service charge.
Auction date: Wed, 26/02/2025 - 09:00
Guide Price £1,250+. GROUND RENT INVESTMENT - £100 p.a. The Freehold interest in 4 purpose built flats and garages. The flats are Leasehold for 200 years from 29th September 1973 at £25pa each. Section 5B notices were served on the 24th October 2024.
Auction date: Thu, 12/12/2024 - 12:00
Guide Price £10,000+. FREEHOLD GROUND RENT INVESTMENT - 3 FLATS (ONE WITH 54 YEARS UNEXPIRED)
Auction date: Wed, 11/12/2024 - 11:00
Guide Price £6,000 - £8,000. A freehold block of five flats each sold on a long lease. Producing £705.60 per annum. The auctioneers understand the freeholder insures, maintains and manages the property recovering the costs from the leaseholders by way of a service charge.