Land for sale

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Land for sale

FGRs 321, 341 & 347 Flaxley Road, Stechford, Birmingham, West Midlands, B33 9ES
£21,000

Our Summary

  • Guide Price = £17,000 - £21,000 Property for auction on 9th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT Property Description: A Portfolio of Freehold Ground Rents, secured upon three semi detached houses of brick construction with pitched tile clad roofs, located in Flaxley Road, forming part of the established residential area of Stechford and situated approximately 3 miles to the east of Birmingham City Centre

Description

This property is a portfolio of freehold ground rents secured on three semi-detached houses in Stechford, approximately 3 miles east of Birmingham city center. The houses are of brick construction with pitched tile roofs and are subject to long leases with a term of 99 years, expiring in 2065. Each property pays an annual ground rent of £25, generating a total income of £75 per annum. The freehold land registry title number is available in the legal pack, and viewings are not applicable. The property is being auctioned on July 9th at 13:00 at Avery Fields, with a guide price of £17,000-£21,000.