Guide price
£4,750
Land for saleFreehold 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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