Ground Rents London SE16 £40,000 – £45,000

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Auction date: Wed, 17/06/2020 - 10:00

A modern purpose built block constructed circa 2013. The property is divided into seven apartments each sold on a 125 year leases. Flat 1 from 30th September 2013, Flat 2 from 4th December 2013, Flat 3 from 17th September 2013, Flat 4 from 4th December 2013, Flat 5 from 23 September 2013, Flat 6 from 1st November 2013 and Flat 7 from 21st June 2013. Each flat has a current round rent of £250 per annum. The lease provide for the freeholder to insure, maintain and manage the block recovering the cost from the leaseholders by way of a service charge.

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