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Ground Rent Investment Plus Vacant First Floor Former Chapel With Potential
Address
See address
Auction date
30 Oct 2025
Guide price
£120,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
This freehold ground rent investment generates an annual income of £1,850 and features a detached former chapel that has been converted into eight self-contained flats. The first floor of the chapel is currently vacant but retains many original characteristics. The property is located at a prominent corner on Wrestwood Road and Chapel Walk, providing easy access to main roads and local amenities.
Includes a communal hallway, lift access, and a spacious church hall with mezzanine. The first floor is vacated for future use.
Freehold with eight flats leased for 999 years from 2005 with ground rents varying between £200 and £250.
Last update: 09 Oct 2025
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