Land for sale

Fgrs, 4, 5 & 8 Jay Road, Kingswinford, West Midlands DY6

Guide Price = £12,000 - £14,000

Property for auction on 21st May at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A Portfolio of three Freehold Ground Rents, secured on one detached and two semi detached houses of brick construction with pitched tile clad roofs, located in Jay Road which forms part of an established residential area and leads via Digby Road and Charterfield Drive off Stallings Lane (B4175) and is located 2 miles to the south of Wombourne and 4 miles to the north of Stourbridge Town Centre.

Lease Information
Each property is subject to a long lease for a term of 99 years which commenced on 23rd June 1974, expiring on 23rd June 2073 (approximately 48 years unexpired), each paying a current Ground Rent of £45 per annum.

Total Current Ground Rent Income: £135 per annum.

Freehold Land Registry Title No.
WM366709

Legal Documents:
Available at

Viewings:
Not Applicable.

The Buyers Administration Fee for this Lot will be £650 including Vat