E508: Sheldon Road, Nether Edge, Sheffield, South Yorkshire S7

Six Apartments in a Purpose Built Block

originally sold on 99 year leases from 1st January 1986

now at a combined (rising) ground rent of £320 per annum

one ground rent of £200 per annum rises every ten years to RPI

one is at a peppercorn, the other four are fixed throughout the term.

FOUR OF THE LEASES HAVE 64 YEARS REMAINING

A one bed was extended in March 2018 at a premium of £11,325.

The Landlord insures and manages

Sum Insured: £1,105,000. Premium: £737.64. Renewal Date: 11th September 2019

The Landlord owns everything above the ceilings, below the floors and the building envelope

and can develop as they see fit.

Lessees cannot alter their premises without the written consent of the Landlord.

Section V Notices have not yet been served

Copy documents held electronically: Executed lease; Insurance Summary of Cover; Picture Gallery of Development.

GUIDE PRICE £40,000