Park Street, Sheffield, S26

Freehold ground rent investment secured upon a semi detached property

Of interest to investors / home owner

Investors;

Why Investors Should Buy a Freehold - A High-Control, High-Return Asset

Purchasing the freehold of a property offers investors a rare opportunity to own and control the land, the building, and the long-term income streams attached to it. Unlike standard buy-to-let investments, a freehold provides ongoing revenue, long-term security, and significant control over leaseholders and the management of the building.

Key Investor Advantages

Ongoing Income Potential

As the freeholder, you can legally charge and collect a variety of fees in line with the lease terms, including:
* Assignment / Transfer Fees
Payable when a leaseholder sells or transfers their flat.
* Consent Fees
For alterations, extensions, loft conversions or changes of use that require freeholder approval.
* Breach-of-Lease Fees
For issues such as unauthorised works, misuse of the property, subletting without consent, or ignoring formal information requests.
* Non-Payment / Late Payment Fees
Fees and interest applied to unpaid ground rent or service charges.

These create a reliable, repeatable income stream beyond traditional rent.



Full Control of the Building

Owning the freehold allows you to:
* Appoint or replace managing agents
* Control service charge budgets
* Ensure proper maintenance
* Protect the value of the building
* Enforce lease terms effectively

This level of control is a major asset for investors who prioritise risk management and building performance.



Protection and Power Through the Lease

The lease is a legally binding agreement, and as freeholder you have the right to ensure it is followed. This includes:
* Requiring leaseholders to comply with all covenants
* Charging fees for breaches where allowed
* Taking formal action if necessary
* In extreme cases, forfeiture of the lease for serious, unresolved breaches (a legal process handled through the courts)

This framework ensures the investment is protected and the building is managed to a high standard.



Long-Term Asset Appreciation

Freeholds typically:
* Increase in value over time
* Become more valuable as leases shorten
* Provide predictable income
* Appeal to investors, developers and leaseholders looking to buy

Unlike traditional rental property, a freehold offers appreciation plus recurring income without tenant management.



Additional Benefits
* No void periods
* Minimal day-to-day involvement
* Reduced maintenance responsibility
* Strong demand from leaseholders for future lease extensions


Home owners;

You stop paying ground rent
No more escalating or unfair ground rents. Once you own the freehold, ground rent becomes £0.
You control your own home

Owning the freehold removes the landlord's control. You're no longer dependent on a freeholder for permissions, approvals, or rules.

You avoid:
* Stress of extending the lease
* Legal fees
* Valuation fees
* Premium costs
* Rising extension prices as the lease gets shorter

Increases the property's value

Properties with a long lease AND freehold ownership typically sell for more. Buyers prefer:
* Zero ground rent
* No lease issues
* No external freeholder

Flexibility for improvements or changes

You no longer need a freeholder's permission for:
* Extensions
* Alterations
* Loft conversions (if applicable)
* Structural changes

(Planning permission is still needed.)

More secure and marketable

Mortgage lenders prefer freehold or long leasehold with share of freehold. It:
* Removes risk for the buyer
* Makes sales smoother

You own the land

You're not just owning the building - you control the land it sits on. This gives:
* Long-term stability
* Freedom from future freeholders
* More security for generations

Buying the freehold gives you:
* Control
* Stability
* Financial savings
* Long-term value
* Protection against future issues

Protects against future bills for unlawful extensions and changes to the property or its use