Available soon, this Freehold ground rent income producing investment of four residential flats situated very close to Eastbourne's Town centre. The Freeholder has full management control. Copy leases and specification of works are available upon request.
Asking price is £7000.00 subject to Section 5 Notices, which expire shortly, plus contribution to vendors legal/sales fees. The annual ground rent is £500.00 and Lease details are as follows:
Flat 1 125 years from 6.1.2006
Flat 2 125 years from 12.5.2006
Flat 3 125 years from 10.2.2005
Flat 4 125 years from 27.12.2006
We are informed that the property has a specification of works complied by Meridian Chartered Surveyors.
Initial gross yield would be 7.1%.
Copy leases and specification of works are available upon request.
For further information on this property please call 01424 722586 or e-mail email@example.com