Edmonton London N18 Ground Rent Reversion For Sale (SOLD)

• Freehold ground rent reversion being sold subject to 79 year leases
• Victorian terraced house converted into 2 flats
• Both leases comprising 2 x 2 bed flats sold on 99 year leases
• Both leases have an unexpired term of 79 years
• Freehold is being offered for sale subject to the above leases
• Section 5 notices have already been served and the lessees did not respond
• Total amount of ground rent paid annually of £200
• Freeholder is responsible for management and insurance and recovers from leaseholders
• Building is in very good order and is decorated every 7 years
• There is a small sinking fund that belongs to the leaseholders for works to the building
• Asking price £10,000

• Edmonton London N18 Ground Rent Sale With Leases Of 79 Years