This property is a freehold ground rent investment located in Royal Crescent, a prominent Georgian terrace in Ramsgate town centre. The property comprises nine flats, all sold on long leases of 125 years from January 2021, with eight of the flats paying an annual ground rent of £250 and the other two paying a peppercorn rent. The freeholder is responsible for insurance, maintenance, and management of the block, with costs recovered from the leaseholders through a service charge. The property is being sold subject to the Common Auction Conditions and Special Conditions of Sale, and Section 5B Notices have been served on the leaseholders, who have not reserved their rights under the Landlord & Tenant Act 1987.