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FGRs, 39 & 41 Stallings Lane... Land for sale
FGRs, 39 & 41 Stallings Lane, Kingswinford, West Midlands, DY6 7HT
£10,000
FGRs, 39 & 41 Stallings Lane, Kingswinford, West Midlands, DY6 7HT
£10,000
Our Summary
- Guide Price = £7,000 - £10,000A Portfolio of Two Freehold Ground Rents secured upon Modern Town HousesProperty for auction on 21st May at 13:00at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DTThe Buyers Administration Fee for this Lot will be £650 including Vat Important Note: The catalogue information has been updated on 19th May in accordance with the addendum comment 'The Lot comprises of only 2 Freehold Ground Rents as the FGR for 43 Stallings Lane is excluded from the sale due to purchase by the Lessee'
Description
A portfolio of two freehold ground rents is up for auction on May 21st, with a guide price of £7,000 to £10,000. The property is secured upon modern town houses and offers a unique investment opportunity. The ground rents are freehold, meaning the buyer will own the land outright, providing a stable source of income. The auction will take place at Avery Fields in Birmingham, and a buyer's administration fee of £650 including VAT will be applicable.