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You have been instructed by ABC Investments who have just acquired a portfolio of real estate and have asked you to provide a series of valuations and/or valuation advice for each property within the portfolio. Each property is detailed below and you should provide a valuation calculation (as required) with supporting detail for each property. Please note that a valuation report is NOT required. Property 1 The freehold interest in a block of six flats. The flats are let on 125 year leases from the 1st January 1978. The ground rents are £100.00 per annum. The owner of Flat 1 has asked for a leasehold extension. Calculate the premium that would be payable for the proposed extension. Similar flats under long leases are selling for £250,000.
You have been instructed by ABC Investments who have just acquired a portfolio of real estate and have asked you to provide a series…