Auction House London

Lot 43

 

2 & 24 Finches Hill

Rugeley, Staffordshire, WS15 2TN

Still available. Please refer to Auctioneer for Reserve

A Freehold Reversionary Ground Rent Investment Secured Upon Two Detached Bungalows Producing £40 per annum

Description

The freehold title is held over two detached houses one arranged over ground and first floors and the other over ground floor.

Tenure

Freehold

Location

The property is situated on a residential road in Rugeley close to local shops and amenities. Transport links are provided by Rugeley Trent Valley rail station.

Note (2nd Column)

S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights. The landlord has the right to insure 163 Tollers Lane.


Current Rent Reserved £160 per annum

Viewing Details

Please refer to us directly on: 0207 625 9007

Addendum

The freehold ground rent offered for sale are retained over 2 & 24 Finches Hill which comprise two detached bungalows one two storey and one single storey and not as originally described in the catalogue.

Column 1 Column 2 Column 3
Property Lease Annual Rent
2 Finches Hill 99 years from 25/03/1968 (thus approximately 51 years unexpired) £20
24 Finches Hill 99 years from 25/03/1968 (thus approximately 51 years unexpired) £20

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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There are no internal viewings For all enquiries, please contact info@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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*Still available. Please refer to Auctioneer for Reserve

Enquire about 2 & 24 Finches Hill, Rugeley, Staffordshire, WS15 2TN

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