Two leased flats; buy the freehold ground rent income at public auction.
Freehold ground rent investment only, flats NOT included
This lot is a freehold ground rent investment comprising a building with two self-contained flats sold on long leases. The leases run for 199 years (starting 1978 and 1979) — the purchaser acquires the freehold interest and associated ground rent income, not the flats or residential occupation.
The building presents 1930s Tudor Revival exterior features, bay windows and period stonework that contribute to kerb appeal. It sits in an affluent, low-crime area close to local shops on the Broadway, with good transport links, fast broadband and excellent mobile signal — practical benefits for long-term rental demand.
Important cautions for buyers: the sale is by public auction (date stated) and the flats are specifically excluded from the sale. The property and flats have not been inspected, viewings are external only, and bidders should consult the legal pack for full lease and ground rent details before bidding. This is a straightforward freehold-income purchase for an investor comfortable buying at auction without internal inspection.
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