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FGR, 22 Teasdale Way, Stourbridge, West Midlands, DY9 7ET

Guide Price
£7,000
Cottons, Auctions
PROPERTY TYPE

Land

SIZE

Ask agent

Description

Guide Price = £5,000 - £7,000

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 1 Freehold Ground Rent as the FGR for 276 Worlds End Lane is excluded from the sale due to purchase by the Lessee. The online catalogue details have been amended and the Guide Price has been reduced accordingly to a range of £5,000 - £7,000. The Auction Admin fee has been reduced to £250 inc. VAT.

Property Description:
A Freehold Ground Rent, secured upon a semi detached house of brick construction with pitched tile clad roof, located on Teasdale Way, Stourbridge and forming part of an established residential suburb.

Lease Information
The property is subject to a long lease for a term of 99 years which expires on 24th March 2062 having less than 37 years unexpired paying a current Ground Rent of £25 per annum.

Total Current Ground Rent Income: £25 per annum.

Freehold Land Registry Title No.
22 Teasdale Way: WM534885


Legal Documents:
Available at

Viewings:
Not Applicable.

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

Brochures

Full CatalogueAddendumGeneral ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents

FGR, 22 Teasdale Way, Stourbridge, West Midlands, DY9 7ET

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lye Station0.6 miles
  • Stourbridge Junction Station0.6 miles
  • Stourbridge Town Station0.9 miles
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About Cottons, Auctions

Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

Cottons Chartered Surveyors - 'The Property Specialists'

One of Birmingham's longest standing property companies in existence for well in excess of 55 years and well established at providing a range of services including;

Auctions - Cottons are one of the West Midlands largest property auctioneers with regular sale rooms taking place at Aston Villa Football Club.

Residential Sales - Selling properties both within our local areas and across Birmingham.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 312980. 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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