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A Highly Reversionary Freehold Ground Rent Investment Secured Upon a Semi-Detached House Producing £6 per annum. There are Approximately 14 Years Unexpired on the Lease.
The property comprises a reversionary ground rent investment secured upon a semi-detached house arranged over ground and two upper floors.
Freehold subject to a lease for a term of 99 years from 25th December 1935 producing a ground rent of £6 per annum. The lease expires in 2034 thus there are just 14 years unexpired.
The property is situated on a a residential road, close to local shops and amenities. The open spaces of Elmdon Park and Olton Jubilee Park are within easy reach. Transport links are provided by Acocks Green rail station and the M42.
Current Rent Reserved
Current Rent Reserved £6 per annum. 14 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.