VALUE OF GROUND RENTS
Ground rent for each flat is £45 a year for the next 23 years increasing by 50& in each of the following 25 years.
The ground rent is the same for each of the 4 flats.
I now have an opportunity to buy a third flat, the owner of which owns the freehold of the whole property.
How much do you think the freehold of the whole property might be worth - roughly.
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