St. Johns Court, Finchley Road, Hampstead, NW3 6LL

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 lease 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. Flat 8 (Porter’s Flat of approx 579 sq ft) with accommodation comprising: • Entrance Hall • Reception Room • Bedroom • Kitchen • Bathroom/WC Held on a long lease dated 13 November 2023 for a term expiring on 1st December 2196. The use under the lease is as a porter’s flat. Let on a tenancy to the management company at £2,094.14 per calendar month with rent reviews annually at RPI. (Equivalent to £25,129.68 per annum) expiring on 31 January 2030. 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 oppor…

From the McHugh & Co listing. Read the full listing and legal pack →