FGRs, 128, 130 & 148 Fairmile Road, Halesowen, West Midlands, B63 3QJ

Property Details: • Type: Land • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

Full Description: Guide Price = £16,000 - £20,000

Property for auction on 22nd October at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

This Lot now comprises of only 4 Freehold Ground Rents as the FGR for 14 Fairmile Road Halesowen is excluded from the sale due to purchase by the Lessee. The Guide Price has been reduced accordingly to a range of £19,000 - £23,000

Property Description: A Portfolio of Freehold Ground Rents, secured upon three semi detached bungalows of brick construction with pitched tile clad roofs, located in Fairmile Road forming part of an established residential area situated approximately 3/4 mile to the north of Halesowen Town Centre.

Lease Information Each property is subject to a long lease for a term of 99 years, which expires on 23rd June 2068 (Less than 43 years unexpired), each paying a Ground Rent of £35pa.

Total Current Ground Rent Income: £105 per annum.

Freehold Land Registry Title No. WM291873

Legal Documents: Available at Viewings: Not Applicable.

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