15 Willow Crescent & FGR's 13, 17 & 19, Oakham, Rutland, LE15 6EQ
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Read more Read moreA freehold investment opportunity comprising a two storey detached block of four maisonettes surmounted by a pitched tile roof and including one vacant maisonette (15 Willow Crescent) and three maisonettes (13, 17 & 19 Willow Crescent) providing a freehold ground rent investment all being subject to long leasehold interests. The development forms part of an established and well regarded area and Willow Crescent leads off Woodland View, conveniently situated approx. 0.6 miles from Oakham town centre’s shops and amenities and approx. 1 mile from Rutland Memorial Hospital. The market town of Oakham is the county town of Rutland in the East Midlands, home to the prestigious Oakham School and located approx. 25 miles east of Leicester, 28 miles south-east of Nottingham and 23 miles north-west of Peterborough. Investment Income 13 Willow Crescent – Subject to a long lease for a term of 125 years from 19th October 1987 paying a ground rent of £10 per annum. 15 Willow Crescent - Vacant with potential to occupy or let on an Assured Shorthold Tenancy. 17 Willow Crescent - Subject to a long lease for a term of 125 years from 24th November 1987 paying a ground rent of £10 per annum. 19 Willow Crescent - Subject to a long lease for a term of 125 years from 24th November 1987 paying a ground rent of £10 per annum. Landlord & Tenant Act 1987 The seller is the Ampluis Living Housing Association, who due to their status are exempt from serving Section 5b Notices on the lessees offering first rights of refusal. Accommodation 13, 17 & 19 Willow Crescent: Not Applicable 15 Willow Crescent: This maisonette is in a modern and well presented condition throughout, having modern kitchen and bathroom fitments, uPVC double glazing and gas fired central heating. Ground Floor Outside Store: 2.84m x 1.58m, Porch First Floor Stairs and Landing, Living Room: 4.68m x 3.56m, Kitchen: 4.22m x 2.63m maximum, Bedroom One: 3.6m x 3.4m, Bedroom Two: 3.29m x 3.19m, Bathroom with bath and shower over, wash basin and WC. Outside: Gardens EPC Rating C Council Tax Band A Legal Documents Available at www.cottons.co.uk Viewings: Via Cottons - 0121 247 2233
