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A freehold, in common law jurisdictions or Commonwealth countries such as England and Wales, Australia, [1] Canada, Ireland, India and the United States, is the common mode of ownership of real property, or land, [a] and all immovable structures attached to such land.
By 1842, several houses called Regent's Villas were built in the Hampstead section of Avenue Road, and by 1852, 33 houses had been built. By the late 18th century, the street had become home to some of the most famous London artists and writers, including James McNeill Whistler and John Singer Sargent .
The Langham Estate was described in 2017 as being one of London's 16 Great Estates with its footprint of 13.8 acres of central London property. [11] [12] Many of the entity's original properties are still held—but now in the form of freehold as their long leases have been sold off. [1] Samuel Tak Lee of Hong Kong is said to be its owner.
The house was for sale with freehold for £10,000 in 1923 (equivalent to £720,418 in 2023) through Knight, Frank and Rutley. It was described as a "substantial and fairly modern house, with gardens of over an acre, near the highest part of East Heath-road."
The house was put up for sale in early 2002 for £8.5 million, but as of October 2004, the asking price had been reduced to £6.85 million. [ 8 ] [ 9 ] [ 10 ] In 2013, it was for sale for £17.95m freehold.
At the time of the sale to NGH Freehold Ltd, this was the largest UK collective enfranchisement. In 2020, a fifth-floor one-bedroom flat was for sale with a 999-year lease expiring in 3009. With a size of 316 square feet, it had an annual service charge of £3854 and council tax of £1237. The front door entered a living room (with a small ...
The Cadogan Group is the main landlord in the west London districts of Chelsea and Knightsbridge, and it is now the second largest of the surviving aristocratic Freehold Estates in Central London, after the Duke of Westminster's Grosvenor Estate, to which it is adjacent, covering Mayfair and Belgravia.
Freehold (law), the tenure of property in fee simple Customary freehold , a form of feudal tenure of land in England Parson's freehold , where a Church of England rector or vicar of holds title to benefice property