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A Portfolio of Freehold Ground Rents secured upon Three Semi Detached Houses

FGRs, 13, 21 & 27 Digby Road, Kingswinford, West Midlands, DY6 7RP

£12,000
Ground Rent
About this Property
2025-05-21
12000
Traditional
Ground Rent
Description

A Portfolio of three Freehold Ground Rents, secured upon modern semi detached houses of brick construction with pitched tile clad roofs, located in Digby Road which forms part of an established residential area which 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 1974, expiring on 23rd June 2073 (approximately 48 years unexpired), each paying a current Ground Rent of £45 per annum. Total Current Ground Rent Income: £135 per annum. Freehold Land Registry Title No. WM366709 Legal Documents: Available at www.cottons.co.uk Viewings: Not Applicable. The Buyers Administration Fee for this Lot will be £650 including Vat Important Note: The catalogue information has been updated on 19th May in accordance with the addendum comment 'The Lot comprises of only 3 Freehold Ground Rents as the FGR for 10 Digby Road is excluded from the sale due to purchase by the Lessee. The Guide Price has been reduced accordingly to a range of £12,000 - £15,000.'

Location
More Information
Not Specified
Digby Road
Planing Authority
Dudley LPA
Sold Price History
03 Sep 1999Sold£61,000

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