Did something similar happen to all the houses in the Conns Water area of East Belfast, I think I remember hearing that the leases ran out and a developer bought the land and redeveloped the entire area with new houses. Is that basically what happened in that area?
Well don't say you have not been warned, flats apartments are a no no, many year ago a friend and myself bought a derelict Victorian factory a huge place on a prime site in Liverpool with the intention of building a new car showroom and workshops but the franchise we were after did not matrialise, so we just left it idle for six years and moved on to other things.
We had bid on it from a guy in the Isle of Man who wanted to build sheltered housingon the site. in our over exuberance at the time of purchase or a solicitors **** up it got over looked it was leasehold, then we found we did not own it, the place had reverted to the Duchy of Lancaster ( the Queen) and we owned nothing.
You have been warned.
Only ever seen one house for sale in North Antrim myself that was leasehold, that was a bungalow at Toberkeigh near Bushmills.