4-9 Harvester Close, Chichester, West Sussex, PO19 6XF
Result: Sold for £18,000 Guide price: £17,000 - £18,000*
Tuesday, 22nd May 2018 11:00am
Location & Description
A detached block of six self-contained flats in a residential area west of the Chichester by-pass (A27) close to St. Richard's Hospital and about a mile from Chichester mainline station and the city centre.
Chichester is an historic cathedral city about 17 miles from Portsmouth.
Each flat is sold on a 125 year lease from 2017 at a current ground rent of £200 p.a. rising to £400 p.a. for the second 25 years, £800 p.a. for the third 25 years, £1,200 p.a. for the fourth 25 years and £1,600 p.a. for the final 25 years of the term.
EQUIVALENT TO £1,200 p.a. WITH FIXED INCREASES
Title Plan takes priority over that in the catalogue.