Auction House London

Lot 39

Block of Apartments - Flats / Apartments 

254 Station Road

Stechford, Birmingham, West Midlands, B33 8QR

£120,000+

Guide Price (plus fees)

A Highly Reversionary Freehold Ground Rent Investment Secured Upon a Three Bedroom Semi-Detached House Producing £6 per annum. There are 8 Years Unexpired on the Lease.

Description

The property comprises a ground rent investment secured upon a three bedroom semi-detached house arranged over ground and two upper floors.

Tenure

Freehold subject to a lease for a term of 99 years from 25th March 1929 producing a ground rent of £6 per annum. The lease expires in 2020 thus there are just 8 years unexpired.

Location

The property is situated on a a residential part of Station Road set back from the main road. Nearby shops and amenities are easily accessible. The open spaces of Bordesley Green Rec are within easy reach. Transport links are provided by Stechford rail station.

Current Rent Reserved

Current Rent Reserved £6 per annum. 8 Years Unexpired on the Lease.

Additional Fees

Administration charge: £1,200 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.

View Details as PDFEnquire NowFinance AvailableRegister to Bid
Due to government guidelines, we will not be hosting Open House Viewings. For further information, please register for the legal pack. For all enquiries, please contact Jamie Royston on jamie@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

Share this lot

Similar Properties

Lot 52

14 Kersal Crag Salford, Lancashire, M7 4SL

*Please refer to auctioneer for more information

Lot 53

20 Kersal Crag Salford, Lancashire, M7 4SL

*Please refer to auctioneer for more information

Lot 58

7 & 7A Princes Street Bishop Auckland, County Durham, DL14 7BB

*Sold for £45,000

Enquire about 254 Station Road, Stechford, Birmingham, West Midlands, B33 8QR

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2021 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos