Ground Rents, 1-51 Banham Drive, Sudbury, Suffolk, CO10 2GN

Sudbury - This investment comprises the freehold of an age-restricted (over 55s) development complex comprising 51 bungalows in the Suffolk market town of Sudbu&hellip. This investment comprises the freehold of an age-restricted (over 55s) development complex comprising 51 bungalows in the Suffolk market town of Sudbury. In total there is a current ground rent payable of £1,828 per annum which is subject to a review every 21 years. The next review is scheduled for September 2034. The leases were originally granted for the term of 125 years from 1992. The Freeholder has the obligation to insure and maintain the main structure of the building, the communal facilities etc., the cost of these being recovered by...