Land for sale in Worcester WR2, 0 Bedroom

Guide Price = £30,000 - £35,000

Property for auction on 20th February at 11:00 at Property Description:
A portfolio of eight Freehold Ground Rents secured upon four two storey end terraced properties each containing a pair of apartments and situated within a modern housing development. Each maisonette benefits from an allocated parking space.

St Clements Court is located via St Clements Garden and St Clements Close off Tybridge Street (A44), approximately half a mile to the west of Worcester City Centre.

Each apartment is subject to a long lease for a term of 99 years which commenced on the 25th March 1983, paying a Ground Rent of £35 per annum for the first 33 years, rising to £70 per annum for the second 33 years and

rising again to £140 per annum for the remainder of the term .

The current Ground Rent being received from each lessee is £70 per annum.

Total Ground Rent Income: £560 per annum.

Notices in accordance with the Landlord & Tenant Act 1987, Section 5(b), have been served upon each lessee and are available for inspection within the Legal Pack.

Legal Documents:
Available at

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