*Guide | £15,000 - £20,000 (plus fees)
- Flat
- Tenure: Freehold
Call the team on 01702 939933 for more information
Freehold Ground Rent Investment secured upon 2 Self-contained Flats
A 2 storey House situated in a popular residential location of Southchurch, arranged as 2 self-contained Flats. Both Flats are sold on Leases. There are only 62 years remaining on each Lease, it is expected that the lessees will wish to extend their respective leases, at some point in the near future, particularly if they are considering selling. Each flat pays an Annual Ground Rent of £100. This rises to £150 PA in 2033.
Tenure
Freehold
59 Stromness Road
A Ground Floor one Bedroom Flat
59A Stromness Road
A First Floor one Bedroom Flat
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Southend on Sea Borough Council
Solicitors
Downs Solicitors, Ref: Simon Fulford, Tel: 01483 411506
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
