This is a freehold ground rent investment property, secured on six purpose-built flats and garages, with three flats having valuable reversions in 40 years. The property is a block of six self-contained flats and six garages, with parking facilities and communal garden areas. The current ground rents reserved are £72 per annum, with notices served under Section 5 of The Landlord and Tenant Act 1987. Three of the flats have already had their leases extended, providing an additional 90-year term, and the ground rent will reduce to a peppercorn in 40 years. The remaining three flats have valuable lease extension potential, with their leases expiring in 40 years. The property is being sold at auction, with a contract documentation fee of £1,500 payable to the auctioneer.