Indexed linked ground rent investment (reviews every 10-years)
Freehold comprises 149 leasehold apartments (117 x private, 14 x shared ownership & 18 x social rent) and 1 x commercial unit
Total ground rent income is £22,400pax, derived from 91 x private flats (index linked) & 1 x commercial unit (not index linked)
Building insurance premium value currently £135,689pax
Located on the busy Woolwich High Street and within walking distance to Woolwich Arsenal (DLR Line), Woolwich Dockyard Station (National Rail) and Woolwich Station (Elizabeth Line)
Sold for private investor for £350,000 (6.4%).
For full details please download the property brochure.