Ground Rent Investment Southend-on-Sea SS2

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Auction date: Wed, 11/12/2024 - 11:00

Guide Price £15,000 - £20,000. A two storey house situated arranged as 2 self-contained Flats. Both Flats are sold on Leases. There are only 62 years remaining on each Lease. It is expected that the lessees will wish to extend their respective leases, at some point in the near future, particularly if they are considering selling. Each flat pays an Annual Ground Rent of £100. This rises to £150 PA in 2033.

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