Islington Ground Rents
Are you selling ground rents in Islington? We specialise in selling freehold ground rents across the Islington area. We have a large number on property investor that are just looking to invest in this particular location. If you get in touch with us we can give you a valuation over the phone and commence marketing within a couple of hours. We will then send details of your property out to our investors with a view to getting you the best possible price.
As soon as we find a buyer for you the next step will be getting the section 5 notices served on your lessees (unless this has already been done of coarse). As soon as the notices expire, the solicitors can get on with the legal work. Completion should take place very quickly, provided you have got the necessary paperwork.
Islington Specialists
We specialise in selling ground rents in the north London area and have vast experience in this location.
If you are considering a sale of your building that is divided in to flats we can help you. We are also able to sell ground rents where the leases are under 80 years. If you need advice concerning the value of your property, please give us a ring.
We have recently agreed a sale on these ground rents in Prebend Street, Islington.
PREBEND STREET, ISLINGTON N1
Development consisting of of 82 flats built in 2006 (58 private flats & 24 housing association flats.)
Leases are 250 years
Ground rent income of £16,300 per annum
Ground rent doubles every 10 years until 50th anniversary of the term
No insurance or management rights
First review due in 2016
Section v notices to be served by the purchaser
£375,000 subject to contract + our intro fees of 2% + VAT
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