Keeping the freehold after selling 3 BTL properties
Seeking advice on selling 3x BTL properties and keeping the freeholds.
What clauses can be written into the lease for Ground Rent and Maintenance that will enable me to make money, are reasonable and will create an asset for later sale potentially.
Property 1 is a standalone 2 bed coach house in a Swindon with 4 garages underneath.
Properties 2 & 3 are joined like a semi detached house but are 2 bed coach houses over 3 floors (garages, entrance/lounge/bed 2/WC, Bed 1/bathroom) with entrance and staircase in the middle.
Thanks.
Peter
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Member Since July 2013 - Comments: 1266 - Articles: 1
10:45 PM, 29th November 2016, About 9 years ago
The work and liability will not make it worthwhile. If they need to be leasehold (which sounds like they do) please consult a specialist (or two).
Member Since August 2013 - Comments: 161
5:48 AM, 6th December 2016, About 9 years ago
This is too big a question to answer here Peter. Give me a call for a chat: 07711849707.