Merrydown, Bramley Avenue, Horam, Heathfield, East Sussex, TN21 0FN
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- SIZE
Ask agent
- SECTOR
Residential development for sale
Key features
- Freehold Ground Rent Investment For Sale
- Significant price reduction - Offers are invited in the region of £32,000
- Two residential blocks of flats with ancillary grounds and associated car parking
- Block 1 comprising nine self-contained flats with 125-year leases, producing ground rent income of £2,150 per annum
- Block 2 comprising nine self-contained flats with 125-year leases, producing peppercorn income
- The first ground rent review is 25/12/2043 and then every 25th anniversary of that date thereafter
- The ground rent doubles at each rent review
Description
- Significant price reduction - Offers are invited in the region of £32,000.
- Two residential blocks of flats with ancillary grounds and associated car parking.
- Block 1 comprising nine self-contained flats with 125-year leases, producing ground rent income of £2,150 per annum.
- Block 2 comprising nine self-contained flats with 125-year leases, producing peppercorn income.
- The first ground rent review is 25/12/2043 and then every 25th anniversary of that date thereafter.
- The ground rent doubles at each rent review.
Brochures
Merrydown, Bramley Avenue, Horam, Heathfield, East Sussex, TN21 0FN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Buxted Station6.2 miles
Notes
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