FGR's, 1, 5 & 6 & Land at 3 High Leasowes, Halesowen, West Midlands, B63 4BN
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Read more Read moreA portfolio of freehold ground rents secured upon three modern terraced houses constructed of brick with pitched tile roofs, located in a cul-de-sac known as High Leasowes, which connects via Richmond Street to Stourbridge Road (A458). This area is situated approximately 500 meters west of Halesowen Town Centre. Each property has a long lease with the following details: 1 High Leasowes has a lease expiring on 23 September 2070 with a ground rent of £37.50 per annum; 5 High Leasowes has a lease expiring on 31 December 2142 with a ground rent of £57.50 per annum, which increases during the term; and 6 High Leasowes has a lease expiring on 28 September 2070 with a ground rent of £37.50 per annum. The total current ground rent income from all properties is £132.50 per annum.
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