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Freehold Basement Offering Potential And Ground Rent Investment
Address
See address
Auction date
11 Feb 2026
Guide price
£10,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This freehold basement presents an investment opportunity with potential for further development. Currently let at £30 per year, it is located beneath Flats 14 and 15 in a historic red brick development with sea views. The basement, accessible via a communal hallway, provides several rooms and requires considerable improvement. The freehold also encompasses a grassed area within the development.
- Vacant basement with potential
- Freehold ground rent investment
Please note, access rights for Flats 14 & 15 will be necessary for utility meters situated in the basement.
Last update: 01 Feb 2026
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