Lot
102
Auction: January 2024 Online Auction 31/01/2024 - Bidding opens Tuesday 30th January 10:00 AM

Ground Rents At Pinfold Court, Whitefield, Manchester, Lancashire, M45 7NZ

Property Details
Location
Auction Details
Description
A freehold ground rent investment secured against a number of flats within a purpose built block and detailing a current rent of approximately £2,041 per annum.
Location
Pinfold Court is a purpose built block of flats fronting onto the corner of Pinfold Lane and Higher Lane (A665) 6 miles north of Manchester. A number of amenities available within the immediate vicinity including shops, supermarkets and schools along with medical, sports and leisure facilities.
Tenancy

The ground rents are secured against flats 1-26 (there is no flat 5) and a handful of carports all of which have lease commencements dated 24th June 1969 for a period of 999 years.  The combined annual rent is calculated at approximately £2,041.05  

Interested parties are advised to consult the ground rent schedule included as part of the legal pack.

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 30TH JANUARY AND CLOSES ON WEDNESDAY 31ST JANUARY.

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