Guide price
£10,000
Land for saleLand And Buildings At Forres Road, Sheffield, South Yorkshire S10
Auction
Freehold
About this property
Guide Price = £10,000+
**For Sale By Public Auction 12th February 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Rent Investment Secured Upon 32 Terraced Houses Producing a Combined Ground Rent of £52.20 Per Annum
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lydgate Park are within easy reach. Transport links are provided by Sheffield rail station.
Description
The property comprises 32 terraced houses arranged over ground and first floors.
Tenancy
The 32 houses are all sold off on 800 year leases with a minimum of 684 years remaining producing a combined ground rent of £52.20 per annum. Please refer to the legal pack for a full tenancy schedule.
Note
The properties have not been inspected by Auction House London. All information has been supplied by the vendor.
Further Information
A Ground Rent is a nominal annual rent paid by the leaseholder to the freeholder. When you purchase a ground rent investment you are purchasing the rights to the ground rent income, not the flats themselves. When the lease terms become low, the freeholder can charge each lessee a premium for extending their lease. Further income can be derived when the freeholder has the right to manage and insure the building.
There are no internal viewings
**For Sale By Public Auction 12th February 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Rent Investment Secured Upon 32 Terraced Houses Producing a Combined Ground Rent of £52.20 Per Annum
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Lydgate Park are within easy reach. Transport links are provided by Sheffield rail station.
Description
The property comprises 32 terraced houses arranged over ground and first floors.
Tenancy
The 32 houses are all sold off on 800 year leases with a minimum of 684 years remaining producing a combined ground rent of £52.20 per annum. Please refer to the legal pack for a full tenancy schedule.
Note
The properties have not been inspected by Auction House London. All information has been supplied by the vendor.
Further Information
A Ground Rent is a nominal annual rent paid by the leaseholder to the freeholder. When you purchase a ground rent investment you are purchasing the rights to the ground rent income, not the flats themselves. When the lease terms become low, the freeholder can charge each lessee a premium for extending their lease. Further income can be derived when the freeholder has the right to manage and insure the building.
There are no internal viewings
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