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A Highly Reversionary Freehold Ground Rent Investment Secured Upon a Three Bedroom Semi-Detached House Producing £6 per annum. There are 8 Years Unexpired on the Lease.
The property comprises a ground rent investment secured upon a three bedroom semi-detached house arranged over ground and two upper floors.
Freehold subject to a lease for a term of 99 years from 25th March 1929 producing a ground rent of £6 per annum. The lease expires in 2020 thus there are just 8 years unexpired.
The property is situated on a a residential part of Station Road set back from the main road. Nearby shops and amenities are easily accessible. The open spaces of Bordesley Green Rec are within easy reach. Transport links are provided by Stechford rail station.
Current Rent Reserved
Current Rent Reserved £6 per annum. 8 Years Unexpired on the Lease.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.