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Lot 13 Freehold Ground Rents

Lot 13 Freehold Ground Rents

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Auction date

11 Dec 2025

Guide price

£10,000

Type

Land

Tenure

Freehold

EPC Rating

Unknown

Status

Ended

Auction location placehbolder

Description

A freehold block of 11 apartments along with associated land and car parking situated in the town center of Freshwater. Each flat is under a 125-year lease, starting from April 1, 2006, with a current ground rent set at £100 annually.

The freeholder is in charge of building maintenance, management, and insurance, recouping incurred costs through a service charge to leaseholders.

Notices under the Landlord & Tenant Act 1987 have been served, and rights have not been reserved by the leaseholders.

Last update: 20 Nov 2025

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