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Guide price

£4,750

Land for sale
Freehold Ground Rents, 24, 26, 28, 30, 32, 34, 42, 48, 50, 60, 64 Broad Inge Crescent (S35 1Ru), 5 & 7 Meadow Drive, Chapeltown, Sheffield,

  • Auction
  • Freehold

Cottons Auctions

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About this property

    Guide Price = £4,000 - £4750

    Property for auction on 10th December at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

    Property Description:
    A Portfolio of Freehold Ground Rents secured upon a range of modern semi-detached houses located in the small town of Chapeltown, located approximately 7 miles to the north of Sheffield.

    The Portfolio comprises of a total of 13 houses, 11 located in Broad Inge Crescent and two in the adjacent road of Meadow Drive.

    The properties form part of a residential estate located approximately one mile to the west of Chapeltown town centre.

    Ground Rent Income:
    Each property is subject to a long lease for a term of 200 years from 25th March 1966, producing a rental income as follows:
    Broad Inge Crescent: 11 houses at a Ground Rent of £18.00 per annum each.
    Meadow Drive: 2 houses at a Ground Rent of £18.00 per annum each.

    Total Ground Rent income: £234 per annum.

    Legal Documents:
    Available at

    Viewings: Not Applicable.

    The Buyers Administration Fee for this Lot will be £250 including VAT

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    Property descriptions and related information displayed on this page are marketing materials provided by - Cottons Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cottons Auctions for full details and further information.