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20 Properties At Merrydown, Bramley Avenue, Horam, Heathfield, East Sussex, TN21 0FN

For sale: £45,000.00|Residential

Property details

FOR SALE£45,000.00
ADDRESS20 Properties At Merrydown, Bramley Avenue, Horam, Heathfield, East Sussex, TN21 0FN
TYPEResidential
TENUREUnder Offer, For Sale Freehold
POSTED ON25th September 2022

Description

- Freehold Ground Rent Investment For Sale.
- Two residential blocks of flats with ancillary grounds and associated car parking.
- Block 1 comprising nine self-contained flats with 125-year leases, producing ground rent income of £2,150 per annum.
- Block 2 comprising nine self-contained flats with 125-year leases, producing peppercorn income.
- The first ground rent review is 25/12/2043 and then every 25th anniversary of that date thereafter.
- The ground rent doubles at each rent review.
- Offers requested in excess of £45,000. ( Agency Pilot Software ref: 22926 )

Location

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Location: 20 Properties At Merrydown, Bramley Avenue, Horam, Heathfield, East Sussex, TN21 0FN

Buxted (6.1 miles)

Uckfield (6.8 miles)

Berwick (7.1 miles)

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