St Georges Road, Selden, Worthing - PS&B Property Experts
Worthing
Price
£33,000
Listed
1 month ago
Property Description
FOR SALE BY AUCTION on 30th April 2026Auction Guide £33,000Freehold Ground Rent Investment comprising of 5 self contained flats all sold off on long leases as follows with, we are advised, 2 of the leases having just 60 years left to run. Flat 1 with an unexpired lease term of 159 Years at nil ground rentFlat 2 with an unexpired lease term of 60 years at a passing ground rent of £75 per annumFlat 3 with an unexpired lease term of 60 years at a passing ground rent of £75 per annumFlat 4 with an unexpired lease term of 88 years at a passing ground rent of £200 per annumFlat 5 with an unexpired lease term of 959 years at a passing ground rent of £50 per annumTotal ground rent income of £400 per annumSubject to the Section 5b Notices as served.PRIOR TO MAKING A LEGAL COMMITMENT TO PURCHASE, ALL BUYERS MUST SATISFY THEMSELVES, VIA THIER SOLICITOR, AS TO THE ACCURACY OF THIS INFORMATION PROVIDED BY OUR CLIENT AS WE HAVE NOT RESEARCHED THE LEASES AND ARE UNABLE TO CONFIRM ACCURACY.