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Studio flat for sale
Shakespeare Drive, Westcliff-On-Sea, Essex, SS0
£5,000
Shakespeare Drive, Westcliff-On-Sea, Essex, SS0
£5,000
Our Summary
- FOR SALE BY AUCTION A Freehold investment secured against a mid-terraced building arranged as two self-contained flats with Long Leases
Description
This property is a freehold investment comprising two self-contained flats located in a mid-terraced building. The ground floor flat has a lease that expires in June 2115, with 92 years remaining, and a ground rent of £200 per annum. The first floor flat has a lease that expires in April 2085, with 62 years remaining, and a ground rent of £50 per annum, resulting in a total annual ground rent of £250. According to the Landlord and Tenant Act 1987, Section 5(b) Notices have been served to the Lessees.