Forest View, 35 High Street, Sandridge, St. Albans, Hertfordshire, AL4 9DD
FREEHOLD GROUND RENT INVESTMENT
Wednesday, 17th February 2021 12:00pm
A newly converted development comprising 12 properties within the heart of this historic village, close to the countryside and Heartwood Forest. Sandridge lies about 2½ miles from St. Albans city centre. St. Albans is an historic and attractive city about 20 miles north of central London and has good road links via the M1 and M25.
Each property is sold on a 125 year lease from 2017-2020
Ten are let at a current grount rent of £250 p.a. each doubling every 25 years.
One is let at a fixed ground rent of £200 p.a.
One is let at a current ground rent of £250 p.a. which is reviewed every 25 years based on RPI.
EQUIVALENT TO £2,950 p.a.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 firstname.lastname@example.org