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INVESTMENT - Head Leasehold Ground Rent

Whitby House, 40-46 Commercial Street, Hereford, Herefordshire, HR1 2DH

£35,000
Residential
About this Property
2019-09-19
35000
Traditional
Residential
Description

Investment opportunity in a residential property located at Whitby House, 40-46 Commercial Street, Hereford, Herefordshire, HR1 2DH. This freehold property is secured upon a building arranged as seventeen self-contained flats, held on a head lease for a term of 999 years at a peppercorn ground rent. Each flat has an under lease with approximately 249 years unexpired. Ground rents are subject to RPI linked reviews every 10 years. The property is conveniently situated near Hereford station to the north east, with the open spaces of King George V Playing Fields to the south and extensive shops and facilities of Hereford immediately available. The A438 provides direct access to the A465 and A49. The rental value is

Location
More Information
Freehold
Commercial Street
Planing Authority
Herefordshire, County of LPA
Sold Price History
24 Mar 2022Sold Lot BidX1£4,500

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