Land for sale

>

Land for sale

FGRs 341 & 347 Flaxley Road, Stechford, Birmingham, West Midlands, B33 9ES
£15,000

Our Summary

  • Guide Price = £12,000 - £15,000 Property for auction on 9th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT This Lot now comprises of only 2 Freehold Ground Rents as the FGR 321 Flaxley Road is excluded from the sale due to purchase by the Lessee

Description

This property is a portfolio of two freehold ground rents, secured on semi-detached houses in Flaxley Road, Stechford, Birmingham. The properties are of brick construction with pitched tile roofs and are located approximately 3 miles from Birmingham city center. Each property is subject to a long lease of 99 years, expiring in 2065, with a ground rent of £25 per annum. The total ground rent income is £50 per annum. The freehold land registry title number is WK32248. The property is being sold at auction on July 9th with a guide price of £12,000 to £15,000, and the buyer's administration fee is £650 including VAT.