Lot 9 Freehold Ground Rent InvestmentAuction Date:
26th March 2026
Ground Rents, 1-49 Green Street, Chorleywood, Rickmansworth, Hertfordshire, WD3 5QS
Currently let at £312.12 per annum
Twelve detached two storey blocks arranged as 48 maisonettes, with the remaining 22 sold on long leases and producing £312.12 per annum (the rest having been enfranchised).
The properties are situated just off the main Chorleywood Road on the outskirts of the town, being within easy access of comprehensive local shopping facilities and amenities. There are excellent road links to Watford, Luton Airport and Central London via the nearly M25.
Twenty-two of the maisonettes have been enfranchised, with the remaining leases held as follows:-
Flats 10, 12, 16, 18, 25, 29 & 47
Sold on 189-year leases, from 24th June 1957, majority at peppercorn ground rents. Although, Flat 18 at a current ground rental of £100 per annum.
Flats 14, 15, 17, 19, 20, 21, 23, 26, 28, 32, 45 & 49
Sold on 239-year leases, from 24th June 1957, majority at peppercorn ground rents. Although, Flats 20 & 26 at a current ground rental of £50 per annum each.
Flats 27 & 30
Sold on 149-year leases, from 24th July 1957, at a current ground rental of £50 per annum each.
Flat 43
Sold on a short lease at a current ground rental of £12.12 per annum.
Auctioneer's Note
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.
Auctioneer's Note 2
There is no Flat 13 in the block.
Viewing
External only.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
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An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
