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INVESTMENT - Freehold Ground Rent

The Old Hall, 90 Main Street, Balderton, Newark, Nottinghamshire, NG24 3NU

£9,000
Residential
About this Property
2020-04-03
9000
Traditional
Residential
Description

Freehold Ground Rent investment located at The Old Hall, 90 Main Street, Balderton, Newark, Nottinghamshire, NG24 3NU. This residential property is secured upon a detached purpose-built building arranged to provide eight self-contained flats. Each flat is subject to a long lease for a term of 1,000 years from January 1, 2016. The lessees have not elected to take up their rights of pre-emption, and the freeholder does not manage or insure the building. The property is conveniently located near Newark Northgate station and within a five-minute car journey to the A1, with local shops and amenities nearby. The rental value is £1,040.

Location
More Information
Freehold
Main Street
Planing Authority
Newark and Sherwood LPA
Sold Price History
17 Dec 2015Unsold Lot Allsop
30 Mar 2016Sold Lot Allsop
03 Apr 2020Sold Lot Allsop£9,500

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