Block of flats for sale in 106 Coatham Road, Redcar TS10
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
For Sale: Ground Rent Investment comprising the freehold of a block of 8 apartments.
The apartments have all been sold on 125 year leases dated 2007.
Ground rent income is £125 per apartment per year.
Total £1,000 per annum.
The ground rent has fixed increases.
June 2032 rises to £250 per apartment
June 2057 £350 per apartment
June 2082 £450 per apartment
June 2107 £550 per apartment
The freeholder insures and manages the block.
For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
.png){kind=logo}