Catford London SE6 Ground Rent Reversion For Sale

Freehold ground rent reversion being sold subject to 78 year leases

Catford London SE6 Ground Rents With Leases Of 78 Years

• 4 purpose built flats in small block sold on long leases
• Each flat comprises two bedrooms, lounge, kitchen, bathroom
• Originally sold on 99 year leases
• All leases have an unexpired term of 78 years
• Freehold is being offered for sale subject to the above leases
• Section 5 notices have not been served
• Total amount of ground rent paid annually of £600
• Landlord manages and insures and recovers from lessees
• Buildings are in good order and there is no work planned at the present time
• Asking price £70,000