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AGENT'S DETAILS


Freehold Retirement Flat Ground Rent Portfolio, Tunbridge Wells and Crowborough and East Grinstead, .

For sale: £1,950,000.00|Residential

PROPERTY DETAILS

FOR SALE£1,950,000.00
ADDRESSFreehold Retirement Flat Ground Rent Portfolio, Tunbridge Wells and Crowborough and East Grinstead
TYPEResidential
TENUREUnder Offer, For Sale Freehold
POSTED ON19th October 2020

DESCRIPTION

* Freehold Ground Rent Portfolio of Retirement Flats
* Lot sizes range from £200,000 - £1,950,000
* Most retirement lessees have not so far been inclined to
apply for lease extensions
* 104 flats with unexpired lease terms of less than 65 years
* Individual flats regularly come to market (most with short
unexpired lease terms)
* Prospect of purchasing flats, refurbishing and selling with
new long leases and GRs
* Rent, maintenance, insurance and management of four
Wardens' flats payable from service charges

( Agency Pilot Software Ref: 17139 )

LOCATION

Location: Freehold Retirement Flat Ground Rent Portfolio, Tunbridge Wells and Crowborough and East Grinstead

East Grinstead (0.8 miles)

Dormans (1.4 miles)

Lingfield (2.7 miles)

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