1-17 Espionage Place, West Way, Portland, Dorset, DT5 2NA

1-17 Espionage Place, West Way, Portland, Dorset, DT5 2NA

£50,000
Residential
Sold
About this Property
14 July 2022
Sold
£50,000
Traditional
Residential
£51,000
Description

The property consists of a two-storey building arranged as 17 flats, comprising 1 studio, 8 one-bedroom, 6 two-bedroom, and 2 three-bedroom units. It is a freehold property with a ground rent income of £3400 per annum. Each flat is leased for 125 years from September 29, 2017, with an initial ground rent of £200 per flat that is subject to RPI reviews every 10 years. The building has potential for development of additional floors and flats, pending planning consent.

Location
More Information
Freehold
Planning Authority
Dorset LPA
Address History
17 Mar 2022Withdrawn Lot Network Auctions
28 Apr 2022Unsold Lot Network Auctions£70,000

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