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ground rents wanted, but where to look?

dboswell
dboswell Posts: 309 Forumite
edited 23 April 2009 at 9:50PM in House buying, renting & selling
I recently purchased a block of 4 ground rents from a local property developer that needed to raise some quick cash. This was done locally through word of mouth. The yield is 9% on the price, which is a reasonably good return compared to other instruments and its something I rather do than get 2% in the bank. I know they are very long term, but they seem quite good and the more you have the greater the economies of scale.

I am looking to buy a few others but they dont seem to be advertised in the normal places that you find property i.e. rightmove or local estate agents etc. I also want to avoid auctions as prices tend to reduce the yield.

Any ideas of where I can look? Is there a special website or source?

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