Auction House London

Lot 53

Block of Apartments - Flats / Apartments 

20 Kersal Crag

Salford, Lancashire, M7 4SL

No Reserve

Guide Price

A Freehold Ground Rent Investment Secured Upon a Mid Terrace House Producing £25 per annum.

Description

The property comprises a ground rent investment secured upon a modern three storey townhouse with integral garage. The lessee is only permitted to sublet as a single dwelling (no sharers) and is not allowed to remove any internal walls without freeholder's consent.

Tenure

Freehold subject to a lease for a term of 999 years from 20th September 1973 producing a ground rent of £25 per annum.

Location

The property is situated on a quiet cul-de-sac in a popular part of Salford.

Current Rent Reserved

Current Rent Reserved £25 per annum

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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