Guide price
£18,000
Land for saleSandwood Drive, Great Barr, Birmingham B44
Auction
Freehold
About this property
Guide Price = £15,000 - £18,000
Property for auction on 10th December at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
This Lot now only includes the substation located to the rear of Sandwood Drive and not the one fronting Mercer Avenue, Water Orton, B46 1NG
Property Description:
Two Freehold Ground Rents, secured upon semi-detached houses of brick construction with pitched tile clad roofs located in Sandwood Drive which leads via Dyas Road, forming part of an established residential area situated approximately 1 miles to the south-west of Kingstanding Town Centre. In addition the lot includes one electricity substation located to the rear of Sandwood Drive
Leasehold Information
54 & 64 Sandwood Drive are each subject to a long lease for a term of 99 years which expires on 28th September 2058, (Less than 33 years unexpired), each paying a Ground Rent of £15 per annum.
The Substation to rear of Sandwood Drive is subject to a long lease for a term of 99 years which expires on 28th September 2058, (Less than 33 years unexpired), paying a Ground Rent of £15 per annum.
Total Current Ground Rent Income: £45 per annum.
Freehold Title No's: Refer to Legal Documents
Legal Documents:
Available at
Viewings:
Not Applicable.
The Buyers Administration Fee for this Lot will be £650 including VAT
Property for auction on 10th December at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
This Lot now only includes the substation located to the rear of Sandwood Drive and not the one fronting Mercer Avenue, Water Orton, B46 1NG
Property Description:
Two Freehold Ground Rents, secured upon semi-detached houses of brick construction with pitched tile clad roofs located in Sandwood Drive which leads via Dyas Road, forming part of an established residential area situated approximately 1 miles to the south-west of Kingstanding Town Centre. In addition the lot includes one electricity substation located to the rear of Sandwood Drive
Leasehold Information
54 & 64 Sandwood Drive are each subject to a long lease for a term of 99 years which expires on 28th September 2058, (Less than 33 years unexpired), each paying a Ground Rent of £15 per annum.
The Substation to rear of Sandwood Drive is subject to a long lease for a term of 99 years which expires on 28th September 2058, (Less than 33 years unexpired), paying a Ground Rent of £15 per annum.
Total Current Ground Rent Income: £45 per annum.
Freehold Title No's: Refer to Legal Documents
Legal Documents:
Available at
Viewings:
Not Applicable.
The Buyers Administration Fee for this Lot will be £650 including VAT
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