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Land
FGR's, 65, 67, 69 & 71 Broad Road, Birmingham, West Midlands, B27 7UX
Auction Land
£1,000
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Our Summary
- Guide Price = £500 - £1,000 A Freehold Ground Rent Investment secured upon Four Maisonettes Property for auction on 15th July at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
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Description
A two-storey brick building with a pitched tile-clad roof, set back from the road behind foregardens, is situated at the junction of Broad Road and Westley Road. The building contains four maisonettes and has a total of four leasehold units, each with a different ground rent arrangement: two are subject to peppercorn ground rents, one pays a £100 per annum ground rent, and the other pays a £100 per annum fixed ground rent. The total current ground rent income is £200 per annum.