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Lot 3 Freehold Ground Rents
Address
See address
Auction date
11 Dec 2025
Guide price
£18,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
A freehold ground rent investment situated in Royal Crescent, a prominent Georgian terrace in Ramsgate town centre.
- The properties comprise nine flats, all sold on long leases.
- All nine flats have been sold on 125-year leases from 1st January 2021.
- Flats 2 to 8 pay a current ground rent of £250 per annum.
- The freeholder is responsible for insurance, maintenance and management of the block.
Last update: 20 Nov 2025
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