The two-bedroom property at Rose Corner, Junction Place, is among 139 lots across southern England listed by Clive Emson Auctioneers, regional land and property auctioneers.
Richard Payne, a senior auction appraiser and auctioneer with Clive Emson Auctioneers, said: “The property is arranged as two self-contained flats plus a garage which forms part of a potential development site with planning consent for a one-bedroom dwelling.
“Income from the ground rent produces £250 per annum with Flat 1 (ground floor) sold on a 149-year lease, from August 1975, paying an annual peppercorn ground rent, and a balcony flat (first floor) sold on a 99-year lease, from June 2009, at a ground rental of £250 per annum doubling every 33 years.”
The online auction ends on Wednesday (December 14).






Comments
We've recently changed our login process. If you have an account for commenting, you will need to re-register on the login window.
This article has no comments yet. Be the first to leave a comment.