FGR's, Elizabeth Court, 27 Victoria Road, Acocks Green, Birmingham, Birmingham, B27 7XZ
- PROPERTY TYPE
Land
- SIZE
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Description
Property for auction on 15th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
A freehold ground rent investment secured on a development of 6 purpose built flats each with a garage, known as Elizabeth Court and of two storey brick construction surmounted by a pitched tile clad roof prominently situated fronting Victoria Road.
The property is set back from the road behind a lawned foregarden with driveway access to residents car parking, 6 lock up garages and lawned gardens.
The development is located on Victoria Road which forms part of a popular and established residential area and is conveniently situated within 500m of Acocks Green shopping centre.
Leasehold Information
Flat 1 including one garage is subject to a long lease for a term of 189 years which commenced on 16.9.1977 paying a Peppercorn Rent.
Flats 2, 3 & 4 each with one garage are subject to long leases each for a term which commenced on 25.3.2013 and expiring on 24.3.2166 paying a Peppercorn Rent.
Flat 5 including one garage is subject to a long lease for a term which commenced on 6.9.2021 and expiring on 5.9.2146 paying a Ground Rent of £100 per annum, doubling every 25 years..
Flat 6 including one garage is subject to a long lease for a term which commenced on 25.3.2017 and expiring on 24.3.2166 paying a Peppercorn Rent.
Total Ground Rent Income: £100 per annum.
Freehold Land Registry Title No.
WM88066
Legal Documents:
Available at
Viewings: Not Applicable.
Note 1: Notices under Section 5B of the Landlord and Tenant Act 1987 have been served on all Lessees a copy of which will be contained within the legal pack.
Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionOffer FormLegal DocumentsFGR's, Elizabeth Court, 27 Victoria Road, Acocks Green, Birmingham, Birmingham, B27 7XZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Acocks Green Station0.3 miles
- Spring Road Station0.7 miles
- Olton Station0.8 miles
Notes
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*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.”