Headlease Ground Rent Investment

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

McHugh & Co hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

McHugh & Co's record

About the lot

Commercial lot in Hampstead. Producing £10,611 a year, a 21.2% gross yield at the guide.

Headlease Ground Rent Investment 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 Leasehold Ground Rent Investment amounting to £4,120 per annum. The net rent is £2,611 per annum after the ground rent to the head lessee is paid. Head Leasehold . The property is held on a lease for a term of 125 years from 25th December 1981 (thus having approximately 80 years unexpired) at a current ground rent of £1,509 per annum paid to Waitrose (who have a superior lease). The residents management company is responsible for the repair and maintenance of the building. Note 1 : There are currently 31 Flats with approximately 80 years remaining on the leases . A Full Ground Rent Schedule is available within the Legal Pack. Note 2: A significant opportunity exists to unlock additional value through rooftop development, with the potential to create further accommodation, subject to obtaining the necessary planning permission and all required statutory consents. Note 3: There is a Vodafone telecoms lease currently holding over at £16,000 rent per annum with 50% of this rent due to the head lessee subject to demand by the head lessee. The head lessee have not demanded for the last circa 2 years. Producing £10,611 per annum Tenancy: 25/12/1981. 125 years (80 years unexpired)