Keeping the freehold after selling 3 BTL properties

by Readers Question

13:37 PM, 29th November 2016
About 2 years ago

Keeping the freehold after selling 3 BTL properties

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Keeping the freehold after selling 3 BTL properties

Seeking advice on selling 3x BTL properties and keeping the freeholds.freehold

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



Comments

Puzzler

22:45 PM, 29th November 2016
About 2 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).

Colin McNulty

5:48 AM, 6th December 2016
About 2 years ago

This is too big a question to answer here Peter. Give me a call for a chat: 07711849707.


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