Guide Price = £11,500 - £12,500
Property for auction on 18th September at 11:00 Property Description:
A portfolio of three freehold ground rents as follows:
252 Perry Common Road, Erdington, Birmingham B23 7AU
An end terraced house located in an established residential area approximately four miles to the north of Birmingham City centre and subject to a long lease for a term of 99 years from 1st November 1985 at a current ground rent of £200 per annum rising to £400 per annum in 2025, £800 per annum in 2045 and £1,600 in 2065 for the remainder of the term.
30 Moorsom Way, Bromsgrove, B60 3SH
A modern one bedroom town house located on a residential estate within two miles to the south of Bromsgrove town centre and subject to a long lease for a term of 99 years from 29th December 1988 at a current ground rent of £75 per annum rising to £100 per annum in 2038 and £125 per annum in 2063 for the remainder of the term.
32 Moorsom Way, Bromsgrove, B60 3SH
A modern one bedroom town house located on a residential estate within two miles to the south of Bromsgrove town centre and subject to a long lease for a term of 99 years from 29th December 1988 at a current ground rent of £75 per annum rising to £100 per annum in 2038 and £125 per annum in 2063 for the remainder of the term.
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