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FREEHOLD GROUND RENT INVESTMENT - 19 FLATS - PRODUCING £4,750 P.A.

FREEHOLD GROUND RENT INVESTMENT - 19 FLATS - PRODUCING £4,750 P.A.

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Auction date

23 Oct 2025

Guide price

£47,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Ended

Auction location placehbolder

Description

A modern purpose-built block consisting of 19 self-contained flats with a parking area, positioned near Faringdon Avenue's junction. The property is situated close to Gallows Corner and north of the A12, with Harold Wood station (Elizabeth line) approximately a mile away. Harold Hill is about 3 miles north of Hornchurch.

19 Flats:Each with a 125-year lease starting in 2020, currently generating a ground rent of £250 per annum that will double every 25 years.

Last update: 04 Oct 2025

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