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Lots 129 and 130?

Am I reading that right? Someone has bought them at a yield of 1.2 and 1.6%? I hope the ground rent is per property and not total (as the wording implies).

What would be the point otherwise? Am I missing something?

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Am I reading that right? Someone has bought them at a yield of 1.2 and 1.6%? I hope the ground rent is per property and not total (as the wording implies).

What would be the point otherwise? Am I missing something?

Do you have the option of buying out your ground rent in England?

In Northern Ireland we can do it with 10 years worth of payments.

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Do you have the option of buying out your ground rent in England?

In Northern Ireland we can do it with 10 years worth of payments.

Could be I suppose - it still seems expensive though. Say you're up against a load of investors just looking for a yield, I guess it would end up at a sale price giving a yield of 3-5% minimum. What would drive the price up so much more than that? Once the investors have all dropped out surely it'd go for a reasonable price just outside their reach.

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Hmm:

Birkenhead

Flat 12

Regency Court

30 Rock Lane West

Merseyside

CH42 1NG

Guide Price £10,000+

Result £32,000

Suck it up:

Last sale: £100,000 | Sale date: 2nd Jul 2009 New build

Flat 12 Regency Court, 32 Rock Lane West, Rock Ferry, Birkenhead CH42 1NG

I make that a capital gain of approximately minus £1,500 per month. The rent's a bonus, like.

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  • 244 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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