Guide price
£23,000
Land for saleFgr's, 2, 10, 12, 17 & 22 Swallow Close, Dudley, West Midlands DY2
- Auction
- Freehold
Cottons Auctions
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About this property
Guide Price = £19,000 - £23,000
Property for auction on 22nd October at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A Portfolio of five Freehold Ground Rents, secured on modern town houses of brick construction with pitched tile clad roofs, located in Swallow Close which comprises a cul-de-sac located off Cradley Park Road which, in turn, leads off Cradley Road (B4173) and is located less than 3 miles to the south of Dudley Town Centre.
Lease Information
Each property is subject to a long lease for a term of 99 years, expiring on 24th September 2069 (Less than 44 years unexpired), each paying a current Ground Rent as follows:
2 Swallow Close - £38 per annum
10 Swallow Close - £30 per annum
12 Swallow Close - £35 per annum
17 Swallow Close - £29 per annum
22 Swallow Close - £25 per annum
Total Current Ground Rent Income: £157 per annum.
Freehold Land Registry Title No.
WM535910
Legal Documents:
Available at
Viewings:
Not Applicable.
The Buyers Administration Fee for this Lot will be £650 including Vat
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