FREEHOLD GROUND RENT INVESTMENT
Guide price: £20,000 - £25,000
Location & Description
A ground rent investment secured upon nine purpose built flats within a residential cul-de-sac off the east side of Park Avenue, a residential road that links between Rickmansworth Road to the north with Whippendell Road to the south, approximately 1 mile west of Watford town centre and Watford High Street mainline station.
Accommodation (Overflow 2nd Column)
Each flat has been sold off on a 125 year lease from June 1988 at a ground rent of £75 p.a.
EQUIVALENT TO £675 p.a.
Sold for £34,000.