Drayton Park London N5 Ground Rent Reversion For Sale (SOLD)

• Freehold ground rent reversion being sold subject to 3 flats with 75 year leases
• Converted victorian house with 3 flats sold on 99 year leases
• 2 x 2 beds & 1 x 3 beds flats
• All leases have an unexpired term of 75 years
• Freehold is being offered for sale subject to the above leases
• Section 5 notices have already been served and the leaseholders have not taken up their rights to buy the freehold
• Total amount of ground rent paid annually of £600
• Leaseholders manage the building via RTM
• Building and common parts are in good order
• There is a sinking fund that the lessees contribute to for any works in the future
• Asking price £30,000

Drayton Park London N5 Ground Rents For Sale With Leases Of 75 Years