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Land for sale
Fgrs 106, 144, 154 & 224 Stamford Road, Brierley Hill, West Midlands, DY5 2QE
£10,000
Fgrs 106, 144, 154 & 224 Stamford Road, Brierley Hill, West Midlands, DY5 2QE
£10,000
Our Summary
- Guide Price = £8,000 - £10,000 Property for auction on 22nd October 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 FGRs for 106 & 154 Stamford Road are excluded from the sale due to purchase by the Lessees
Description
This property is a portfolio of freehold ground rents secured on four terraced houses in Stamford Road, Stourbridge, located about two miles east of the town center. The properties are subject to long leases with approximately 39 years unexpired, and each pays a current ground rent of £30-£35 per annum. The total current ground rent income is £125 per annum. The freehold land registry title number is WM189993, and legal documents are available. The property is being sold at auction on October 22nd with a guide price of £8,000-£10,000, and a buyer's administration fee of £650 including VAT.