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INVESTMENT - Freehold Ground Rent

Sienna, 55 St. Peters Road, Bournemouth, Dorset, BH1 2AG

£40,000
Residential
About this Property
2020-09-17
40000
Traditional
Residential
Description

Freehold ground rent investment located at Sienna, 55 St. Peters Road, Bournemouth, Dorset, BH1 2AG. The property is residential and secured upon a detached seven-storey building, internally arranged to provide 11 self-contained flats. Each flat is subject to a lease of 125 years commencing on the 1st January 2014 at a ground rent of £250 per annum, doubling every 25 years. The successful bid is subject to a right of first refusal in favor of the qualifying leaseholders under the Landlord and Tenant Act 1987. The property is close to Bournemouth Town Centre, with Bournemouth Station 0.8 miles to the east and Central Gardens 0.6 miles to the west.

Location
More Information
Freehold
St. Peters Road
Planing Authority
Bournemouth, Christchurch and Poole LPA
Sold Price History
18 Feb 2020Sold Lot BidX1£186,000

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