Initial price	£5,000
26/06/25	£3,000
Price Change	-40.00%

This property is a freehold ground rent investment secured on a parcel of land with potential for development (subject to planning permission). The land, which measures approximately 5,655 sq ft, is located on Albany Street and has a ground rent reserved at £1,000 per annum. The property is situated near public transport links, shops, bars, and restaurants, and is within easy reach of Ferndale Town Centre. The development scheme shown is indicative only, and the buyer will receive the annual ground rent of £1,000 per annum. The guide price for this property is £3,000, and interested buyers should apply to view the site.