Property Auctions - sell retirement property

Auction date: Thu, 18/07/2024 - 14:30

Guide Price £50,000+. A leasehold first floor One Bedroom retirement flat for the over 60's, (served by a lift) within an assisted living development with communal facilities. The property comprises entrance hall, living/dining room with Juliet balcony, kitchen, bedroom and bathroom/shower room. Leasehold - 125 year lease from 1st January 2004 (approximately 104 years remaining). Ground Rent - £405 for the first 23 years, then rising every 21 years by RPI.