FGR's, 10, 12 & 22 Swallow Close, Dudley, West Midlands, DY2 9TB
- PROPERTY TYPE
Land
- SIZE
Ask agent
Description
Property for auction on 22nd October at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
This Lot now comprises of only 3 Freehold Ground Rents as the FGRs for 2 & 17 Swallow Close are excluded from the sale due to purchase by the Lessees. The online catalogue details have been amended and the Guide Price has been reduced accordingly to a range of £10,000 - £14,000.
Property Description:
A Portfolio of three 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:
10 Swallow Close - £30 per annum
12 Swallow Close - £35 per annum
22 Swallow Close - £25 per annum
Total Current Ground Rent Income: £90 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
Brochures
Full CatalogueGeneral ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal DocumentsFGR's, 10, 12 & 22 Swallow Close, Dudley, West Midlands, DY2 9TB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cradley Heath Station0.7 miles
- Old Hill Station1.2 miles
- Lye Station1.9 miles
Notes
Disclaimer - Property reference 312969. 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 Cottons, Auctions. 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.
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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