Ground Rents Hampshire PO4 £5-£6,000

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Auction date: Fri, 13/12/2019 - 11:30

A mid-terrace building arranged as two self-contained flats. The ground floor flat has recently been the subject of a lease renewal and is held under the terms of a lease, extended on 29th July 2019 for a term of 189 years, from 25th December 1985, at a current ground rental of £100 per annum. The upper flat is held under the terms of a 99 year lease, from 25th December 1985, at a current ground rental of £35 per annum.

The leases provide for the freeholder to arrange for the insurance, maintenance and management of the building, recovering the costs from the leaseholders by way of a service charge

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lease freehold reversion for sale buy to let portfolio investment property selling property auction property hampshire southsea po4

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