FGRs 341 & 347 Flaxley Road, Stechford, Birmingham, West Midlands, B33 9ES

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 = £12,000 - £15,000

Property for auction on 9th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

This Lot now comprises of only 2 Freehold Ground Rents as the FGR 321 Flaxley Road is excluded from the sale due to purchase by the Lessee. The Guide Price has been reduced accordingly to a range of £12,000 - £15,000

Property Description: A Portfolio of Freehold Ground Rents, secured upon two semi detached houses of brick construction with pitched tile clad roofs, located in Flaxley Road, forming part of the established residential area of Stechford and situated approximately 3 miles to the east of Birmingham City Centre.

Lease Information Each property is subject to a long lease for a term of 99 years which expires on 23rd June 2065, each paying a Ground Rent of £25 per annum.

Total Ground Rent Income: £50 per annum.

Freehold Land Registry Title No. WK32248

Legal Documents: Available at Viewings: Not Applicable.

The Buyers Administration Fee for this Lot will be £650 including VatBrochuresFull CatalogueGeneral ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents