Lot 26 - Ground Rents, Houghton House, 16 Radnor Park Road, Folkestone, Kent

CT19 5AU

Clive Emson Online Auction describes this property as: A detached freehold block of 11 flats and 11 garages. The 11 flats, are each sold on 999 year leases from 25 March 1964 (4 leases include a garage) plus a further 7 garages, which have been sold on separate 99 year leases from 1976. We understand the freeholder insures, maintains and manages the block, recouping the costs from the leaseholders by way of service charge. Auctioneer’s Note. Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.

Auctioneer's Lot page

£30,000 – £32,000

Guide Price

FREEHOLD
  • detached