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Land for sale
FGR's, 9 & 38 Bridlewood (B74 3HE) & 64 Bridle Lane, Sutton Coldfield, West Midlands, B74 3HE
£35,000
FGR's, 9 & 38 Bridlewood (B74 3HE) & 64 Bridle Lane, Sutton Coldfield, West Midlands, B74 3HE
£35,000
Our Summary
- Guide Price = £30,000 - £35,000 Property for auction on 10th December 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 Bridlewood & Bridle Lane which are located off Chester Road, forming part of an established residential area situated approximately 3 miles to the west of Sutton Coldfield Town Centre
Description
This property is a portfolio of freehold ground rents secured on three semi-detached houses in Bridlewood and Bridle Lane, located near Sutton Coldfield Town Centre. The properties are of brick construction with pitched tile roofs and are part of an established residential area. Each property is subject to a long lease for 99 years, with less than 40 years remaining, and pays a ground rent of £30 per annum, except for one property which pays £32 per annum. The total ground rent income is £92 per annum. The property is being sold at auction on December 10th, with a guide price of £30,000 to £35,000, and a buyer's administration fee of £650 including VAT.