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 |