Currenlty listing 1,894 upcoming property auctions in the UK
Freehold Block Of Ground Rents With Additional Income From An Advertising Hoarding
Address
See address
Auction date
26 Mar 2026
Guide price
£15,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This is a freehold block of ground rents situated in a modern building located in Brixham. The property consists of flats that have been leased for 999 years since June 2018. Additionally, there is income from an advertising hoarding with a rental agreement starting in 2022 for £1,000 annually.
- The current rental income is £3,890 per year.
- Ground rents for three flats are £250 each, eight flats are £220 each, and two flats are £190 each, with varying review periods.
Last update: 05 Mar 2026
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