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Freehold Interest Opportunity
Address
See address
Auction date
-
Guide price
£100,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
-
Description
We are pleased to present the freehold interest of this property located in a sought-after area of Norwich City. It comprises fifteen one-bedroom apartments of varying sizes, all sold off on leases from 1970, with some leases having approximately 43 years remaining. The apartments benefit from en-bloc style garages at the rear of the apartment block.
The leases with around 43 years left pay £10.50 per annum in ground rent, totaling £94.50. After lease extension, the ground rent is expected to be reduced to peppercorn for six leases, extending approximately 133 years.
Currently, Watsons are the managing agents.
Last update: 18 Jan 2026
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