Investment Opportunity for Auction Neath SA10

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Auction date: Thu, 07/11/2024 - 09:00

Guide Price £30,000. This lot is comprised of a freehold of a block of seven flats and a ground floor retail unit. A freehold of seven flats sold on long leaseholds for a term of 125 years from 2013. The property is achieving ground rents of £300 per annum per a flat with increases every 10 years of £100 (subject to a maximum ground rent of £1,000 per annum per flat). The retail unit will be sold with vacant possession.

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