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Land for sale
Coundon Road, COVENTRY
£3,000
Coundon Road, COVENTRY
£3,000
Our Summary
- SUMMARYAUCTION SALE 17 December 2024 - Freehold Ground Rent InvestmentSix Flats – Three with Reversions in 81 yearsGround Rents Reserved £600 per annum
Description
This is a freehold ground rent investment property located in a mid-terrace building, converted into six self-contained flats. The property has a total ground rent reserved of £600 per annum, with three of the flats having reversions in 81 years. The flats are sold on 99-year leases, with three leases dating back to 2006 and three leases starting in 2021. The property is being sold at auction, and the guide price is not intended to be relied upon as a valuation or assessment of value. The seller may charge additional fees payable upon completion, and a contract documentation fee of £1,500 (inclusive of VAT) is payable to the auctioneer by the buyer.