Land for sale

Ground Rents, 45 Bonsall Road, Erdington, 27 Valley Road & Substation, 68 & 96 Bankside Crescent, Streetly, Sutton Coldfield B74

Guide Price = £32,000 - £38,000

Property for auction on 15th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A Portfolio of Freehold Ground Rents, secured upon One Detached House, Two Semi Detached Houses and an Electricity Substation located in Valley Road and Bankside Crescent in Streetly, Sutton Coldfield and a Head Leasehold interest secured on a Semi Detached House in Bonsall Road, Erdington, Birmingham.

Lease Information
27 Valley Road, Streetly, B74 2JE - Lease Term: 99 years from 24.6.1961 with Ground Rent of £15 per annum.

Substation, Valley Road, Streetly, B74 2JE - Subject to a Lease expiring on 25/12/2031 at a Peppercorn Rent.

68 Bankside Crescent, Streetly, B74 2JA - Lease Term: 99 years from 24.6.1961 with Ground Rent of £25 per annum.

96 Bankside Crescent, Streetly, B74 2JA - Lease Term: 99 years from 24.6.1959 with Ground Rent of £15 per annum.

45 Bonsall Road, Erdington, B23 5SX - Head Lease Term: 99 years from 25 December 1932 with Profit Ground Rent of £3.90 per annum
Total Current Ground Rent Income: £58.90 per annum.

Legal Documents:
Available at

Viewings: Not Applicable.