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Land for sale
FGR's 63, 86 & 88, Gibbs Hill Road, West Heath, Birmingham, West Midlands, B31 3NY
£22,000
FGR's 63, 86 & 88, Gibbs Hill Road, West Heath, Birmingham, West Midlands, B31 3NY
£22,000
Our Summary
- Guide Price = £18,000 - £22,000 Property for auction on 10th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT Property Description: A Portfolio of Freehold Ground Rents, secured upon three terraced houses of brick construction with pitched tile clad roofs, located in Gibbs Hill Road which leads via Tomlan Road and The Crest off Redhill Road, forming part of an established residential area situated approximately 1 mile to the south east of Longbridge Town Centre
Description
This property is a portfolio of freehold ground rents, secured on three terraced houses in an established residential area of Longbridge, approximately 1 mile south east of the town centre. The properties are brick construction with pitched tile roofs and are subject to long leases with 37 years unexpired, paying a current ground rent of £28 per annum. The total current ground rent income is £84 per annum. The freehold title is registered at WM217769, and legal documents are available. The property will be auctioned on September 10th at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT, with a buyer's administration fee of £650 including VAT.