Ground Rent Investment for Auction Sudbury CO10

Property Types

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.

Register For further information about this property, please register
Tagged
sudbury ground rent ground rents for auction investment CO10 auction property for sale sudbury property auctions sudbury property auctions suffolk property auctioneers sudbury property auctioneers suffolk house auctioneers property auctions selling property buy property at auction sell property at auction house auctions near me

Why register with UK Auction List?

Member benefits include:

  • Detailed descriptions for each property that you see in the free search area. The details are displayed as they appear in the auctioneer’s catalogue, and include the address and full details of the property.
  • Streetview and Google Map location for each property.
  • A link to the full auction catalogue (if available) and a link to the auctioneer’s website.
  • Auctioneer contact form and/or telephone number for every property, allowing you to email or call the auction house to find out further details, request a legal pack or to arrange a viewing.
  • Full access to our auctioneers directory providing contact information for auction houses around the UK, plus to our auction calendar displaying forthcoming auction dates, as and when confirmed by each auction house.
  • MyUKAL facilities enabling you to save properties of interest and access to full details of unsold lots.
  • We have approval from all the auction houses that we list in our database and therefore aim to provide accurate and detailed information on every property in our database.