Initial price	£38,000
12/02/25	£35,000
Price Change	-7.89%

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: The freehold of Cloona East, a historic property on Carlisle Road, is available for purchase, comprising three flats with varying lease lengths. Flat 3 and 5 have long leases of 964 years remaining, while Flat 4 has a shorter lease of approximately 56 years. The property offers a unique investment opportunity, with potential for substantial returns. As the freeholder, you will have control over the management of the building, including setting service charges, collecting ground rent, and negotiating lease extensions. You will also avoid leasehold pitfalls such as declining value and high service charges, and have the right to enforce covenants and reversionary interest. With this freehold, you can establish a direct relationship with tenants, foster a sense of community, and ensure ultimate control over the property.