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Property for sale

89 Kingshurst Road, Birmingham, West Midlands

Guide Price £9,000

Property Description

Key features

  • For sale by auction
  • Ground Rent
  • Number of Bedrooms: 0
  • Number of Bathrooms: 0
  • Number of Reception Rooms: 0

Full description

Tenure: Freehold

This lot is for sale by auction as lot 55 on 4th April 2013. Full and up to date details of this property, terms and conditions for the auction, and legal documentation for this lot are available at www.allsop.co.uk.




A Freehold Reversionary Ground Rent Investment secured upon a Semi-Detached House. Reversion in 2036

Tenure

Freehold.

Location

The property is situated on Kingshurst Road to the south of its junction with Great Stone Road. The extensive shops and facilities of Birmingham city centre are approximately 5 miles to the north-east. Rail services run from Northfield Station situated approximately a ¼ of a mile to the south. Road access is provided by the nearby A38 which provides access to the M5 Motorway to the south-west (Junction 4) and Birmingham city centre to the north-east.

Description

The property comprises a reversionary ground rent investment secured upon a semi-detached house arranged over ground and first floors beneath a pitched roof.

Accommodation

The property was not internally inspected by Allsop. The following information was provided by the Vendor.
We understand the property provides:
Three Bedroom Accommodation
Tenancy

The property is subject to a lease in favour of Birmingham City Council for a term of 99 years from 24th June 1937 (thus having approximately 23 years unexpired) at a ground rent of £6 per annum.

Current Rent Reserved £6 per annum.Reversion 2036





Guide Price. Please note, that guide prices are intended to indicate an approximation of the minimum acceptable price to each client. These guide prices should not be interpreted as asking prices and are purely for guidance. Guide prices are subject to contract and subject to alteration. Prospective purchasers are strongly advised to contact Allsop in order to check the availability of each lot prior to the auction sale. Whilst every effort is made to ensure that a guide price is not misleading, it is possible that the reserve price set for any auction lot may exceed the previously quoted guide price. The most up-to-date guide prices are always featured on our on-line service at: www.auction.co.uk.

To view this property or request more details, contact:

Allsop , Auction

33 Wigmore Street , London, W1U 1BZ

020 3324 5107 Local call rate

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Disclaimer

Property reference 831000055. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Allsop , Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.