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Merrydown, Bramley Avenue, Horam, Heathfield, TN21 0FN

not specified / Other / Residential

For Sale - £32,000.00

Available - Last updated: 17 February 2024

- 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.
( Agency Pilot Software ref: 22926 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £32,000.00 NA

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Richard Pillow

SHW

020 3151 3239



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