Property photos
Freehold
Non quoting
Property for sale
Freehold Investment, Milliner House, Hortensia Road, London SW1050,000 sq. ft
Local area information
Property location
Nearby amenities
- Chelsea Community Hospital School (SEN) 0.2 miles
- Servite RC Primary School 0.2 miles
- Fulham Broadway 0.4 miles
- West Brompton 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for World's End, Sands End and West Brompton to find out more about the local area.
Features and description
- Freehold
- Private leases have been granted at 999-years and affordable leases on 125-year terms
- Ground rent income totalling £14,050pax
- Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term
- Service charge currently totals £323,689 for year ending December 2024
- We are guiding £250,000 for the freehold interest (5.6% gross yield)
Description
Freehold ground rent investment with 68 car parking spaces for sale
Comprising 36 leasehold apartments (24 x private and 12 x affordable units)
Private leases have been granted at 999-years and affordable leases on 125-year terms
Ground rent income totalling £14,050pax
Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term
Service charge currently totals £323,689 for year ending December 2024
We are guiding £250,000 for the freehold interest (5.6% gross yield)
Location
Freehold ground rent investment with 68 car parking spaces for sale
Comprising 36 leasehold apartments (24 x private and 12 x affordable units)
Private leases have been granted at 999-years and affordable leases on 125-year terms
Ground rent income totalling £14,050pax
Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term
Service charge currently totals £323,689 for year ending December 2024
We are guiding £250,000 for the freehold interest (5.6% gross yield)
Freehold ground rent investment with 68 car parking spaces for sale
Comprising 36 leasehold apartments (24 x private and 12 x affordable units)
Private leases have been granted at 999-years and affordable leases on 125-year terms
Ground rent income totalling £14,050pax
Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term
Service charge currently totals £323,689 for year ending December 2024
We are guiding £250,000 for the freehold interest (5.6% gross yield)
Location
Freehold ground rent investment with 68 car parking spaces for sale
Comprising 36 leasehold apartments (24 x private and 12 x affordable units)
Private leases have been granted at 999-years and affordable leases on 125-year terms
Ground rent income totalling £14,050pax
Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term
Service charge currently totals £323,689 for year ending December 2024
We are guiding £250,000 for the freehold interest (5.6% gross yield)
More information
Listed by
Henshall & Partners
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