£12,000

Property for sale

Property 1 of 5.
Sold STC
Auction
Freehold

Guide price

£12,000

Property for sale

Downs View Road, Hassocks BN6

Tenure:
Freehold
Council tax band:
B

Local area information

Property location

Nearby amenities

  • Hassocks Infant School 0.2 miles
  • Downlands Community School 0.2 miles
  • Hassocks 0.2 miles
  • Burgess Hill 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Auction Date: 28th June 2023
  • Freehold Ground Rent Investment
  • Total Ground Rent Income of 1,175 per annum
  • 5 Flats Sold Off on 125 Year Leases From 2020
  • Cash Buyers Only
  • Ownership of Flats are not Included In The Sale
Sold by auctions Lextons

Guide Price £12,000 to £15,000
Cash buyers only


Freehold Ground Rent Investment comprising of:

5 Flats
All sold off on 125 year leases from 2020

Producing an annual income of £1,175.

We are advised that under Section 5b of the Landlord and Tenant Act 1987, the lessees have not reserved their rights to purchase the freehold.

Please note this is not A property that is being sold but A freehold investment with absolutely no ownership of the flats included in the sale.

Floor plans and tours

Floor plans

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Tours

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Lextons Auctions

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  1. Zoopla
  2. For sale
  3. West Sussex
  4. Hassocks
  5. Downs View Road

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