Ground Rent Portfolio, 82 Rugby Avenue, Down, County Antrim, BT7 1RG

From

£35,000

Typical Mortgage

per month

Investment

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Description & Features

Portfolio of ground rents derived from properties located at: 117 Lisburn Road, Belfast 212-218 Upper Newtownards Road Belfast 82 Rugby Avenue, Belfast.
To be offered as one lot, but consideration will be give to a split.
Income of £4,100 pa
Inviting offers in the region of £35,000

Also in this Ground Rent Portfolio Sale include 212-218 Upper Newtownards Road and 117 Lisburn Road

117 Lisburn Road, Belfast

An apartment development comprising of 38 apartments which are subject to ground rent of £50 per apartment.

Tenure: 999 years from 31st March 2016 let to One One Seven Lisburn Road Management Limited at a figure of £1,900 pa

212-218 Upper Newtownards Road, Belfast

The property comprises of four modern office buildings let by way of 4 leases each for a period of 900 years from July 2002 at a rent of £400pa. Total rent of £1,600pa

Rugby House, 82 Rugby Avenue

An apartment development comprising of six apartments subject to a rent charge for the sum of £600.00 per annum against the apartment management company, Rugby House Management Association Limited by virtue of a deed of conveyance and assignment dated 22nd February 2016.