About this property
Key Features
Freehold subject to long leases
No maintenance or insurance obligations
Ground rent investment opportunity
Description
An opportunity to acquire a freehold ground rent investment opportunity comprising 10 residential dwellings, in the heart of the popular town of Baldock.
The current annual ground rents (shown in the table below) present a total annual rent of £335.
It is understood that the freeholder is not responsible for any maintenance or insurance obligations. See legal pack for further details.
Tenure
Freehold subject to long leases
Location
The town of Baldock is well served with a range of shops, facilities and services located between the A1M and the A505 and also benefiting from high speed rail connection to Cambridge and London. The Gardens is located in the northern part of the town centre. From the centre of the town head north on the High Street, before turning left at the roundabout onto the B656, where upon The Gardens can be found on the right hand side.
Auctioneers Note
Please note that this is purely a freehold ground rent investment opportunity only. No internal viewing of the properties are permitted.
Lot Type
Residential
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Joanne Guest at Tollers BBW, Broadway Chambers, Letchworth Garden City, Herts, SG6 3AD.
Viewing
Attend the site at all reasonable times.
Important notes
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�