This property is a rare opportunity to purchase four freehold ground rents secured upon modern houses in Birmingham. The ground rents are secured on two properties, 86 and 88 Charterfield Drive, which have leases that expire in 2073, leaving less than 48 years unexpired. The ground rents are £45 per annum for 86 and £50 per annum for 88, resulting in a total current ground rent income of £165 per annum. The property is being sold at auction on September 10th and the buyer will be required to pay a £650 administration fee, including VAT.