Auction: July 2019
Ground Rent Investment, Lorne Street, Oldham, Lancashire, OL8 1AT
Ground Rent Investment, Lorne Street, Oldham, Lancashire, OL8 1AT
Sold for
£55
Property Details
Location
The property is located fronting on to Lorne Street in an established & popular residential position which is accessed from Copster Hill Road. Oldham town centre is around 0.5 miles to the north.
Description
This Lot will be offered with NIL RESERVE Residential ground rent investment on 11 terraced houses plus garages with a total gross rent receivable of £68.50 per annum.
Tenure
The property is held leasehold for a term 905 years from 27th May 1993 with a ground rent payable of £37 per annum.
Tenancy
The ground rent investment contains under leases on 11 terraced houses plus land & garages. The total gross rent receivable is £68.50 per annum and full details are confirmed in the legal pack.
General
This lot will be offered with NIL RESERVE.
