This is an auction sale for a freehold ground rent investment secured on a parcel of land with potential (subject to planning permission) in Rhondda, Wales. The property, located on Albany Street, has a ground rent reserved at £1,000 per annum and is sold on a long lease for 999 years from 2021. The land extends to approximately 5,655 square feet and has been sold with a development scheme shown in the details, which is indicative only. The buyer will receive an annual ground rent and may have additional benefits available if the leaseholder decides to develop the land in the future. The guide price is £[insert price], and the contract documentation fee is £1,500 (inclusive of VAT) payable to Barnard Marcus Auctions.