Ground Rents for Auction Essex SS8

Guide Price: £18,000
Auction Date: 25/07/2024
Property Types
Investment Site/Land Ground Rents

Guide Price £18,000. Freehold ground rent investment block of ten flats all sold on long leases. This purpose built block of flats was completed in 2006 with each of the flats having been sold with leases of 125 years. The ground rent is currently charged at a rate of £210 per annum per flat and therefore this produces a combined income of £2,100 per annum

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