Guide price
£25,000
Land for sale42 Heriot Road, Hendon NW4
Just added
Auction
Freehold
About this property
Lot 50 **for sale by online auction** on 16th September 2026
By Order of Executors
Freehold Ground Rents
Located off Brent Street, close to local shopping/travelling facilities including Brent Cross and Hendon Central Tube Station (Northern Line). Hendon Park is also nearby.
Freehold Ground Rents amounting to £286.75 per annum derived from Three Self Contained Flats each on a lease as follows:
Flat 42 99 years from 24th June 1971 at a ground rent of £36.75 per annum. Valuable reversion in approximately 44 years
Flat 42(A) 999 years from 29th September 2014 at a current ground rent of £150 per annum and rising in 2064.
Flat 42(B) 130 years from 24th June 1971 at a current ground rent of £100 per annum rising to £200 per annum on 24th June 2034. Valuable reversion in approximately 75 years
In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have not reserved their rights of first refusal.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,500 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £500 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
By Order of Executors
Freehold Ground Rents
Located off Brent Street, close to local shopping/travelling facilities including Brent Cross and Hendon Central Tube Station (Northern Line). Hendon Park is also nearby.
Freehold Ground Rents amounting to £286.75 per annum derived from Three Self Contained Flats each on a lease as follows:
Flat 42 99 years from 24th June 1971 at a ground rent of £36.75 per annum. Valuable reversion in approximately 44 years
Flat 42(A) 999 years from 29th September 2014 at a current ground rent of £150 per annum and rising in 2064.
Flat 42(B) 130 years from 24th June 1971 at a current ground rent of £100 per annum rising to £200 per annum on 24th June 2034. Valuable reversion in approximately 75 years
In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have not reserved their rights of first refusal.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,500 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £500 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
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Monthly repayment
£125 per month
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