FREEHOLD GROUND RENT INVESTMENT
Guide price: £5,000 - £10,000
Location & Description
A freehold ground rent investment secured upon eight flats within purpose built two storey detached blocks.
Located at the junction of Avenue Road and Linden Way approximately 1 mile north of Southgate town centre.
Each block contains four flats with demised garden areas.
Each flat has been sold on a 999 year lease from the 1960's at a fixed rent of £15.75 p.a. each.
EQUIVALENT TO £126 p.a.
Sold for £20,000