Property description
A Freehold Ground Rent Investment Secured Upon Three Self-Contained Flats Producing a Combined Income of £25 per annum (rising to £75). One of the Flats has 70 years unexpired on the lease.
Guide Price £6,000+
Tenure
Freehold
Location
The property is situated in the South West London area of Streatham close to the shops and restaurants of Streatham High Road. Transport links are provided by Streatham rail station
Description
The property comprises a ground rent investment secured upon three self-contained flats within an end of terrace building arranged over lower ground, raised ground and first floors.
| Floor | Accommodation | Terms of Tenancy |
| Lower Ground | Not inspected | 999 year lease from 25th March 1976 at a peppercorn ground rent |
| Raised Ground | Not inspected | 99 year lease from 25th March 1985 at a current ground rent of £25 p.a. (rising to £75) |
| First | Not inspected | 189 year lease from 25th March 1976 at a peppercorn ground rent |
Total Current Rent Reserved £25 per annum. Reversionary Lease on Raised Ground Floor Flat.