Regents Park London NW1 Ground Rent Reversion For Sale (SOLD)

• Freehold ground rent reversion being sold subject to 77 year leases
• House converted into 1 x 3 bed flat and 2 x 1 bed flat
• All properties originally sold on 99 year leases
• All leases have an unexpired term of 77 years
• Freehold is being offered for sale subject to the above leases
• Section 5 notices have been served and lessees did not respond
• Total amount of ground rent paid annually of £900
• Landlord manages and insures and recovers from lessees
• Building is in good order throughout and is decorated every 5 years in accordance with the lease
• Asking price £40,000

Regents Park London NW1 Ground Rent Reversion For Sale