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FGR's, 7, 17 & 67 Sorrel Walk, Brierley Hill, West Midlands, DY5 2QG

Guide Price
£16,000
Cottons, Auctions
PROPERTY TYPE

Land

SIZE

Ask agent

Description

Guide Price = £13,000 - £16,000

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 3 Freehold Ground Rents as the FGR for 62 Sorrel Walk 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 £13,000 - £16,000

Property Description:
A Portfolio of Freehold Ground Rents, secured upon three semi detached houses of brick construction with pitched tile clad roofs, located in Sorrell Walk which leads off Peters Hill Road, forming part of an established residential area located approximately 2 miles to the east of Stourbridge town centre.

Lease Information
Each property is subject to a long lease which expires on 28th September 2065 (Less than 40 years unexpired), each paying a current Ground Rent of:

7 Sorrel Walk - £32 per annum
17 Sorrel Walk - £32 per annum
67 Sorrel Walk - £34 per annum



Accommodation:
Total Current Ground Rent Income: £98 per annum.

Freehold Land Registry Title No.
WM189993

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 Documents

FGR's, 7, 17 & 67 Sorrel Walk, Brierley Hill, West Midlands, DY5 2QG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stourbridge Town Station0.6 miles
  • Lye Station0.8 miles
  • Stourbridge Junction Station1.0 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 312989. 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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