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Land
Fgr's, 45 Bonsall Road, Erdington, 27 Valley Road & Substation, 68 & 96 Bankside Crescent, Streetly, Sutton Coldfield B74
Auction Land
£38,000
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Our Summary
- Guide Price = £32,000 - £38,000 Freehold Ground Rents secured on 3 Houses & 1 Substation Property for auction on 15th July at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT 68 Bankside Crescent, Streetly, B74 2JA - Lease Term: 99 years from 24
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Description
The property consists of a portfolio of freehold ground rents and a head leasehold interest, securing the rental income from various properties in Streetly (Sutton Coldfield) and Erdington, Birmingham. The properties include a detached house, two semi-detached houses, an electricity substation, and a semi-detached house. The lease terms range from 1959 to 1961 for most properties, with one lease expiring in 2031, and the total annual ground rent income is £61.