This property is a portfolio of three freehold ground rents, secured on three terraced houses in Gibbs Hill Road, Longbridge, Birmingham. The properties are brick-built with pitched tile roofs and are located in a established residential area, approximately one mile south-east of Longbridge Town Centre. Each property is subject to a long lease for 99 years, expiring in 2062, with a current ground rent of £28 or £29 per annum. The total current ground rent income is £86 per annum. The freehold land registry title number is WM217769, and legal documents are available. The buyer's administration fee for this lot is £650 including VAT. The property is being sold by auction on July 9th at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT, with a guide price of £18,000-£22,000.