Freehold
On Sun, 5 Jun 2016 21:13:48 +0100, DJC wrote:
Even at current low interest rates the ground rent income isn't worth
more than a few hundred pounds.
£1.14/year and 850 years is £851.14 if anyone is still around to
collect it...
And with 850 years to go the reversion is worth nothing.
Yep.
So on the face of it the only value is in that ability to charge £120
per fart.
Or get what anybody is willing to pay...
--
Cheers
Dave.
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