Overview
House for sale in Hazelmere House, 2-4 Welholme Avenue, Grimsby, DN32
Key Features:
- Freehold Interests Of 16 Properties
- 10 Apartments, 4 Mews Houses & 2 Bungalow Units
- Held On Original 125 Year Leases
- Yearly Income £2,620
- Valued Using A Capitalisation Rate Of 6%
- Each Leaseholder Qualifies Under The 1967 Leasehold Reform Act Or The 1993 Leasehold Reform, Housing & Urban Development Act
- Perfect Long Term Investment
- No Involvement Needed: Just Wait For The Asset To Mature
Jackson, Green and Preston are delighted to offer the Freehold Interests in Hazelmere House, one of the most prestigious developments in the town and situated on its premier road.
16 interests in total are included: 10 x executive, two-bedroom apartments located in the main building, 4 x two-bedroom mews properties located to the rear of the grounds as well as 2 x two-bedroom units within a semi-detached bungalow.
Each property is held under a 125 years lease from 31 October 2017, with ground rents payable of £50-190 perannum per property. This equates to a yearly income of £2,620.
The ten apartments qualify under the 1993 Leasehold Reform, Housing and Urban Development Act 1993...
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Jackson, Green and Preston are delighted to offer the Freehold Interests in Hazelmere House, one of the most prestigious developments in the town and situated on its premier road.
16 interests in total are included: 10 x executive, two-bedroom apartments located in the main building, 4 x two-bedroom mews properties located to the rear of the grounds as well as 2 x two-bedroom units within a semi-detached bungalow.
Each property is held under a 125 years lease from 31 October 2017, with ground rents payable of £50-190 perannum per property. This equates to a yearly income of £2,620.
The ten apartments qualify under the 1993 Leasehold Reform, Housing and Urban Development Act 1993 and the four mews and two bungalow properties qualify under the Leasehold Reform Act 1967. As Leasehold Enfranchisement specialists and members of the Association of Leasehold Enfranchisement Practitioners (ALEP), please contact us today to discuss this exciting opportunity.
Property Management Are you a Landlord tired of dealing with your tenants?….Jackson, Green and Preston can provide a comprehensive management service and will be delighted to discuss your management needs. Please do not hesitate to contact our Property Management Department on Grimsby 311116 or by e-mail (rented@jacksongreenpreston.co.uk) for some informal advice. Further information is also available on our website at www.jacksongreenpreston.co.uk/info_landlords.php
Property To Sell Do you have a property to sell? For professional valuation advice, contact our Grimsby Office (01472 311120).
One of our experienced valuers will be happy to provide a free marketing appraisal of your property.
Surveys Should you decide to buy a property not available for sale through our Agency, Jackson Green and Preston offer a range of independent valuations and surveys all carried out by fully qualified Chartered Surveyors.
To discuss your survey needs, please contact our Survey Department on 01472 311120.
Sources Of Useful Information Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
www.environmentagency.gov.uk
www.hpa.org.uk
www.nelincs.gov.uk
www.northlincs.gov.uk
www.e-lindsey.gov.uk
www.landregistry.gov.uk
www.gov.uk/council-tax-bands
Mortgage Advice We are pleased to be able to introduce all of our clients to the UK's largest FEE FREE broker. In addition to being able to access hundreds of mortgages from over 80 lenders, any customer referred through our Agency also has the added benefit of FREE BUYERS INSURANCE for their onward purchase. For more details, please contact our office on 01472 311 113
https://www.landc.co.uk/online/mortgage-finder?icid=2123
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Important information