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INVESTMENT - Freehold Ground Rent

15 The Sidings, Arctic Road, Cowes, Isle Of Wight, PO31 7FY

£3,000
Residential
About this Property
2023-06-22
3000
Traditional
Residential
Description

Freehold ground rent investment located at 15 The Sidings, Arctic Road, Cowes, Isle Of Wight, PO31 7FY. This residential property is secured upon a building internally arranged to provide six self-contained flats, all subject to leases with approximately 982 years unexpired. The freeholder has the right to manage and insure the property. Rents are reviewed to 0.1% of the capital value of each flat every 20 years, with the first review in approximately three years. The location offers proximity to Thorness Bay Beach to the south-west, easy access to the A3020 leading to Newport to the south, and local shops and amenities within walking distance in Cowes town centre to the north. The rental

Location
More Information
Freehold
The Sidings
Planing Authority
Isle of Wight LPA

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