House

This freehold residential investment property comprises 15 flats, all sold on long leases with significant reversionary value. The property currently generates £210 per annum in ground rent income, with 5 flats having 57 years and 3 flats having 83 years remaining on their leases. In addition, planning permission has been granted to add two floors to the existing roof, increasing the property's capacity by 8 flats. The property is located in a popular area close to the town center and mainline railway station, making it an attractive investment opportunity. The freehold is being sold subject to the provisions of Section 5a of the Landlord & Tenant Act 1987, and fees are payable.