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Land for sale
FGR's 30 Cheveley Avenue (B45 9RE), 21 Coppice Drive (B27 7NQ) & 12 Damar Croft, Birmingham, West Midlands, B14 6PY
£13,000
FGR's 30 Cheveley Avenue (B45 9RE), 21 Coppice Drive (B27 7NQ) & 12 Damar Croft, Birmingham, West Midlands, B14 6PY
£13,000
Our Summary
- Guide Price = £11,000 - £13,000 Property for auction on 10th September 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 21 Coppice Road is excluded from the sale due to purchase by the Lessee
Description
This property is a portfolio of freehold ground rents, secured on four houses in established residential suburbs in Birmingham. The portfolio includes a mid-terraced and two end-terraced houses, with long leases ranging from 99 years. The current ground rent income is £100 per annum, and the lease expiration dates are between 40-44 years unexpired. The properties are located in Cheveley Avenue, Coppice Drive, Acocks Green, and Damar Croft, and are available for auction on September 10th with a guide price of £11,000-£13,000. The buyer's administration fee is £650 including VAT.