Kennington, London

Head Lease Ground Rent Investment - The property comprises 14 self-contained 3-4 bedroom flats set within 4 storey purpose-built block.

Kennington, London

Head Lease Ground Rent Investment of 14 Flats at Stables Way, Sancroft Street, SE11 5UJ

Location:  Located in an established residential area surrounded by similar properties, with all usual facilities within a reasonable proximity. Well served by bus routes and Kennington Tube station.

Use: Residential – tenanted on Assured Shorthold Tenancies

Brief Description: The property comprises 14 self-contained 3-4 bedroom flats set within 4 storey purpose-built block. 7 on the ground floor and 7 two-floor maisonettes on the upper parts. The block appears to have been constructed during the 1960s–1970s period.

This ground rent investment is held on a Head Lease which expires on 21 March 2028. The lease was granted by Trustees of The Guy’s and St Thomas Foundation.

To the frontage, there are 12 allocated parking bays secured by folding parking posts.

Ownership Structure:

Interest Term Term Remaining Proprietor
Freehold N/A N/A Duchy of Cornwall
Head Lease 60 Years from 25 March 1968 5.68 years Guys & St Thomas’ Foundation
Underlease 14.25 Years from 19 December 2013 5.67 Years Anil Estates Limited – In Administration

 

Register interest

Should you wish to submit an offer, obtain further information or arrange a viewing of the property please contact the appointed Administrators via the link below

REF: AN00202

Offers in the region of £244,000

Contact Administrators