Property photos
£26,000
Block of flats for sale
106 Coatham Road, Redcar TS10Local area information
Property location
Nearby amenities
- Coatham Church of England Primary School 0.2 miles
- Redcar Central 0.3 miles
- Sacred Heart Secondary Catholic Voluntary Academy 0.4 miles
- Redcar East 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Ground Rent Investment For Sale £26,000
For Sale: Ground Rent Investment comprising the freehold of a block of 8 apartments.
The apartments have all been sold on 125 year leases dated 2007.
Ground rent income is £125 per apartment per year.
Total £1,000 per annum.
The ground rent has fixed increases.
June 2032 rises to £250 per apartment
June 2057 £350 per apartment
June 2082 £450 per apartment
June 2107 £550 per apartment
The freeholder insures and manages the block.
For Sale: Ground Rent Investment comprising the freehold of a block of 8 apartments.
The apartments have all been sold on 125 year leases dated 2007.
Ground rent income is £125 per apartment per year.
Total £1,000 per annum.
The ground rent has fixed increases.
June 2032 rises to £250 per apartment
June 2057 £350 per apartment
June 2082 £450 per apartment
June 2107 £550 per apartment
The freeholder insures and manages the block.
More information
Listed by
Parker Barras
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