FGRs, 1, 3, 6, 25 & 27 Flanders Drive, Kingswinford, West Midlands, DY6 7RG
- PROPERTY TYPE
Land
- SIZE
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Key features
- A Portfolio of Freehold Ground Rents secured upon Five Modern Town Houses
Description
Property for auction on 21st May at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A Portfolio of Freehold Ground Rents, secured upon five modern town houses of brick construction with pitched tile clad roofs, located in Flanders Drive which forms part of an established residential area and leads via 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 1972, expiring on 23rd June 2071 (approximately 46 years unexpired), each paying a current Ground Rent of £40 per annum.
Total Current Ground Rent Income: £200 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
Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal DocumentsFGRs, 1, 3, 6, 25 & 27 Flanders Drive, Kingswinford, West Midlands, DY6 7RG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stourbridge Town Station3.8 miles
- Lye Station3.9 miles
- Cradley Heath Station4.2 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cottons, Auctions on 0121 387 6518.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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