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Merrydown, Bramley Avenue, Horam, Heathfield, TN21 0FN
not specified / Other / Residential
Withdrawn - Last updated: 12 May 2025
- 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 )
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