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Investment For Sale

Merrydown, Bramley Avenue, Horam, Heathfield, East Sussex, TN21 0FN

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For Sale - £32,000 Freehold

Key Features

Freehold Ground Rent Investment For Sale

Significant price reduction - Offers are invited in the region of £32,000

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

Richard Plant

Matt Morris

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