This property is no longer on the market
Land
Key information
Property description & features
- For sale by online auction
- Site
TO BE SOLD BY ONLINE AUCTION AS LOT 26 ON THURSDAY 6 JUL 2023 - Headlease Ground Rent and Porters Flat Investment
In Same Ownership for Approximately 36 Years
London Borough of Camden
Conveniently situated between Goldhurst Terrace and Canfield Gardens in this sought after area, close to a good range of shops and travelling facilities including Finchley Road Underground Station (Jubilee and Metropolitan Lines) and South Hampstead Overground Station.
The property comprises a Head Leasehold Ground Rent Investment amounting to £7,450 per annum secured upon 94 Flats.
Head Leasehold. The property is held on a lease for a term of 125 years less 3 days from 25th December 1981 (thus having approximately 83 years unexpired) at a current ground rent of £1,509 per annum.
Flat 8 (Porter’s Flat of approx 579 sq ft) with accommodation comprising:
• Entrance Hall
• Reception Room
• Bedroom
• Kitchen
• Bathroom/WC
Let on an Assured Shorthold Tenancy at £1,853.02 per calendar month. (Equivalent to £22,236.24 per annum).
Note: There are currently 57 Flats with approximately 84 years remaining on the leases. A Full Ground Rent Schedule is available within the Legal Pack.
Producing £28,177.24 per annum
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 46294495-4549-4d92-b907-8a2066503ca6. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by McHugh & Co - London Auctions.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 26, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 26, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.