Land For Sale £65,000
Guide Price = £55,000 - £65,000
Freehold Ground Rent Investment Secured on 12 Flats with Garages.
Property for auction on 25th October at 13:00at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
3 ColumnsLeasehold Information
Each Flat is subject to a long leasehold interest, the terms being detailed in the schedule below.
Column 1Column 2Column 3Flat or Unit NumberTerm of LeaseAnnual RentFlat 1 Grenfell Court110 Years from 24 June 2002£280 (rising to £4,480)Flat 2 Grenfell Court135 Years from 5 April 2017PeppercornFlat 3 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 4 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 5 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 6 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 7 Grenfell Court134 Years from 26 June 2018PeppercornFlat 8 Grenfell Court99 Years from 24 June 1963£32.00Flat 9 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 10 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 11 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 12 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)
Total Current Ground Rent Income:
£1,847 per annum.
Freehold Ground Rent Investment Secured on 12 Flats with Garages.
Property for auction on 25th October at 13:00at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
3 ColumnsLeasehold Information
Each Flat is subject to a long leasehold interest, the terms being detailed in the schedule below.
Column 1Column 2Column 3Flat or Unit NumberTerm of LeaseAnnual RentFlat 1 Grenfell Court110 Years from 24 June 2002£280 (rising to £4,480)Flat 2 Grenfell Court135 Years from 5 April 2017PeppercornFlat 3 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 4 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 5 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 6 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 7 Grenfell Court134 Years from 26 June 2018PeppercornFlat 8 Grenfell Court99 Years from 24 June 1963£32.00Flat 9 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 10 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 11 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 12 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)
Total Current Ground Rent Income:
£1,847 per annum.
