Property Details: • Type: Not Specified • Tenure: FREEHOLD • Floor Area: 797 sqft
Key Features: • FOR SALE BY AUCTION on 24th September 2026 • Freehold Grond Rent Investment • Income Only Producing Investment • NO FLATS ARE INCLUDED WITHIN THE SALE • SELLERS LEGAL COSTS AND BUYERS FEE TO BE PAID WITH DETAILS WITHIN LEGAL PACK
Location: • Nearest Station: Durrington-on-Sea Station • Distance to Station: 0.4381219432260494 miles
Agent Information: • Address: 7 St. Georges Road, Kemptown, Brighton, BN2 1EB
Full Description: For Sale by Auction on the 24th of September 2026<br /><br />Auction Guide £700<br /> <br />Freehold Ground Rent Investment comprising of 2 self contained flats all sold off on long leases as follows.<br /><br />Flat 5 999 years from 29th June 1964 paying an annual ground rent of 5 pence (if demanded)<br /><br />Flat 7 999 years from 25th March 1964 paying an annual ground rent of £66.<br /><br />Total annual income of £66.05<br /><br />PLEASE BE ADVISED THE LESSEES HAVE NOT RESERVED THEIR RIGHTS UNDER THE PROVISIONS OF SECTION 5 OF THE LANDLORD & TENANT ACT 1987 <br /><br />PLEASE BE ADVISED THERE ARE FEES PAYABLE IN RESPECT OF THIS PROPERTY.<br />.<br /><br />
