FREEHOLD GROUND RENT INVESTMENT
Guide price: £14,000 - £15,000
Location & Description
A ground rent investment secured upon 2 flats within a converted period property on the north side of Dorset Road which is off Katherine Road and close to Green Street.
First Floor: Sold on a 125 year lease from 17.10.2003 at £200 p.a. (rising)
Ground Floor: Sold on a 125 year lease from 09.04.1990 at £200 p.a. (rising)
EQUIVALENT TO £400 P.A.
Available at £15,000
Both leases are 125 years from 26.06.1989. The ground rent for the 1st floor flat is £100 pa.