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Lot 3 Freehold Ground Rents
Address
See address
Auction date
23 Jul 2026
Guide price
£42,500
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This auction features a fantastic investment opportunity with Lot 3, a set of Freehold Ground Rents located at 8-14 Copenhagen Road. The lot comprises nine self-contained flats currently generating a total annual income of £1,085.75. Each flat is sold on a long lease with ground rents that are designed to increase upon sale, providing long-term value.
- Freehold tenure
- Nine flats sold on ground leases
- Current ground rental income of £1,085.75 per annum
- Long lease terms of 99 years starting from 1991
- Opportunity for rental income growth
With its appealing features, this property represents a viable investment prospect in the Gillingham area. Investors should consider the security of ground rent income and the potential for appreciation as the local property market continues to develop. Don't miss out on this auction!
Last update: 02 Jul 2026
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