Land For Sale £9,000
Guide Price = £7,000 - £9,000
Property for auction on 15th February at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A pair of Freehold Ground Rents secured upon 2 modern dwellinghouses known as 4 Festival Mews comprising of a mid-terraced house and 10 Festival Mews comprising of a semi-detached house each of two storey brick construction with hipped tiled clad roofs.
Festival Mews comprises of a cul-de-sac leading off Belt Road located approximately 2 miles to the North of Cannock Town Centre.
Ground Rent Income
Each property is subject to a Long Lease for a term of 99 years from 29th of September 1995 (approximately 71 years unexpired) and each at a current ground rent of £50 per annum, rising in 2028 to £100 per annum and rising in 2051 to £150 per annum for the remainder of the term.
Total current ground rent income: £100 per annum
Legal Documents
Available at
Viewings
Not Applicable
Property for auction on 15th February at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A pair of Freehold Ground Rents secured upon 2 modern dwellinghouses known as 4 Festival Mews comprising of a mid-terraced house and 10 Festival Mews comprising of a semi-detached house each of two storey brick construction with hipped tiled clad roofs.
Festival Mews comprises of a cul-de-sac leading off Belt Road located approximately 2 miles to the North of Cannock Town Centre.
Ground Rent Income
Each property is subject to a Long Lease for a term of 99 years from 29th of September 1995 (approximately 71 years unexpired) and each at a current ground rent of £50 per annum, rising in 2028 to £100 per annum and rising in 2051 to £150 per annum for the remainder of the term.
Total current ground rent income: £100 per annum
Legal Documents
Available at
Viewings
Not Applicable