This property consists of five freehold flats, each sold on a long lease with varying terms. The leases have different ground rent increases, with some increasing every 5 years and others every 10 or 25 years. For example, Flat 1's ground rent increases by 20% every 5 years, starting at £120 per annum and currently being £172.80. Flat 2's ground rent remains at £120 per annum until 2051, when it increases to £220. The leases also have different expiration dates, ranging from 2142 to 2209. The auctioneer notes that Section 5B Notices have been served, allowing the leaseholders to reserve their rights under the Landlord & Tenant Act 1987.