Property Auctions - reversion

Auction date: Tue, 10/10/2023 - 09:00

A fifth floor flat of approximately 1,237 sq ft(sold off with a lease of approximately 50 years unexpired) wiithin an attractive mansion block, well located for shopping and recreational amenities. Leasehold reversionary investment.

Auction date: Wed, 14/12/2022 - 09:00

A Freehold Reversionary Ground Rent, with approximately 39 Years 7 Months unexpired, secured on a mid-terraced house. The property is understood to be subject to a 99 year ground lease from 1st July 1963, and having approximately 39 years and 7 months unexpired, subject to a ground rent of £3 per annum. 

Auction date: Thu, 27/10/2022 - 09:00

A freehold ground rent secured on a detached residential property.. We are informed that the property is subject to a 999 year lease from 1st January 1896 (approx. 873 years unexpired), subject to ground rent of £75 per annum.  

Auction date: Tue, 25/10/2022 - 09:00

Upper floor investment and new head lease. The property is a three storey mid-terrace period building with a Grade II listed frontage, situated on the main city centre retail and leisure street. The investment includes the ground floor entrance, and first and second floor investment units, extending to approximately 2100 sq ft each (195sqm) as well as the right over the roof space above which may have future development potential, subject to consent, there is also a small ground rent from the ground floor unit let to Tesco. We are informed that the lot will include a new 999 year Head Lease for the building. The first floor unit is let to UK Beauty Lounge Ltd on a 5 year lease from July 2022 for £18,000+vat and the second floor is let to Barbering School Wales Ltd from October 2021 on a 5 year lease for £20,000+vat. However, please consult the legal pack for verification of any and all tenancies and incomes.

Auction date: Tue, 25/10/2022 - 09:00

New 999 year head lease interest and ground rents for 6 apartments that form part of the larger development of 24 properties known as 'Arbor Vale'. The remaining interest in 7-24 Arbor vale are being sold as a subsequent lot in this sale.

Auction date: Wed, 21/09/2022 - 11:00

This converted period property comprises eight flats (with associated car parking spaces). Currently let at £1,000 per annum

Auction date: Thu, 15/09/2022 - 08:00

A Detached Freehold Block of Nine Purpose Built Flats are each on 999 year leases at peppercorn ground rent. Planning Consent has been granted by Croydon Council on 20th May 2022 for the erection of a fourth Storey (Upward Roof Extension) to provide Two Residential Units One X Two Bedroom, and One X One Bedroom each with Roof Terrace with associated Cycle Parking and Refuse Storage

Auction date: Wed, 03/08/2022 - 09:45

A Freehold Ground Rent Investment Secured Upon a Mid Terrace Building Comprising Two Ground Floor Shops, Two First Floor Self-Contained Flats and a Car Park Producing an Income of £500 Per Annum

Auction date: Thu, 28/07/2022 - 11:00

A semi-detached property divided into two flats, Flat 1 having been sold on a 99-year lease, from 24th June 1983, at a current ground rent of £50 per annum (initially £25 per annum, doubling every 25 years) and Flat 2 has been sold on a 125-year lease, from 24th June 2015, at a current ground rent of £100 per annum until 24th June 2040 (doubling every 25 years).

Auction date: Wed, 27/07/2022 - 13:30

A Freehold Building comprising of three flats that have all been sold with individual leases and which are producing a ground rent income of £475 per annum rising to £550 per annum in 2027 with further increases thereafter.