Ground Rent Investment for Auction Morden SM4

Property Types

Auction date: Thu, 20/02/2025 - 12:00

Guide Price £5,000. Leasehold ground rent investment. A substantial mid-terrace building comprising 2 ground floor shops with separate rear access to 4 self-contained flats on first and second floors. In addition, the property includes a rear yard with parking for approximately 5 cars. The entire property is let on a full repairing and insuring lease for a term of 99 years (less10 days) from 25th December 1934 (thus having approx. 83/4 years unexpired) at a fixed rent of £1,275 per annum exclusive.

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