Property description
**For Sale by Auction on 12th Dec 2012**
A Freehold Ground Rent Investment Secured Upon Two Self-Contained Flats Producing a Combined Income of £300 per annum.
Guide Price = £3,000+
Tenure
Freehold
Location
The property is situated in the popular residential area of Brighton close to local shops and restaurants and a short walk from Brighton University. Transport links are provided by London Road (Brighton) and Moulsecoomb rail stations.
Description
The property comprises a ground rent investment secured upon two self-contained flats within a mid terrace building arranged over ground and first floors.
Tenancy Schedule
Freehold The property is situated in the popular residential area of Brighton close to local shops and restaurants and a short walk from Brighton University. Transport links are provided by London Road (Brighton) and Moulsecoomb rail stations. The property comprises a ground rent investment secured upon two self-contained flats within a mid terrace building arranged over ground and first floors.
| Property | Terms of Tenancy | Current Annual Rent |
| Flat 14 | 150 years from 29th September 2010 | £175 |
| Flat 16 | 125 years from 1st January 2005 | £125 |
Total Current Rent Reserved £300 per annum
Note
S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights