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[paulamis]

Sorry, thought you were representing A and B was a retired 3rd party.

You said they had permission to create a dwelling, so I guess you mean there is a shop with a dwelling out the back somewhere. If the dwelling had permission then someone must be allowed to live in it, it must be worth...

[paulamis]

I wouldn't bet on those inspections not being yearly. Fire alarm inspection is twice a year and you would not believe how unreliable the lights and switches can be.

Then the H&S, in our block every 2 years there is a full professional assessment, then in the interim there is a professional...

[paulamis]

This is a freehold that comes with a dwelling, not just ground rents.

There cannot be too many areas of the country where a 1 bed dwelling is worth less than 60K, if this is such a place, snap it up.

You could create a lease for the dwelling downstairs and sell it, after sorting...