Property photos
£26,000
Block of flats for sale
106 Coatham Road, Redcar TS10Local area information
Property location
Nearby amenities
- Coatham Church of England Primary School 0.2 miles
- Redcar Central 0.3 miles
- Sacred Heart Secondary Catholic Voluntary Academy 0.4 miles
- Redcar East 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Redcar to find out more about the local area.
Features and description
Ground Rent Investment For Sale £26,000
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 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.
More information
Listed by
Parker Barras
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