Property 2 bedrooms 1 bathrooms Lymington
This property is currently under offer.
DEVELOPMENT FLATS IN PENNINGTON, NEAR LYMINGTON. SITE CONSISTS OF 4 FLATS OF WHICH 2 ARE INCLUDED AND THE FREEHOLD OF ALL 4. IN THE CENTRE OF THE VILLAGE, THE TWO FLATS REQUIRE EXTENSIVE RENOVATION SO PLEASE CONTACT US TO ARRANGE YOUR VIEWING.
Consisting of the freehold of all four flats in total, with two to renovate and sell/let and the freehold interest of the other two leasehold ones. These have 125 year leases from 2001 with groundrents at £100pa, rising to £500pa.
The service charge is shared 25% each with the other flats and there are both gas and electric on site at each of the flats.
It is an historic building with quirkly layouts to the flats and would make characterful and interesting homes in central Pennington, just outside Lyminginton.
The works required are extensive but do not appear to be structural so please make an appointment to come and see for yourself to get your 2024 projects portfolio off to a flying start!
This property is currently under offer.
Talk to us about this property: 01202 302345
