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Elmwood Gardens, Birmingham, B20 2AL

Sold Prior to auction, for an undisclosed amount.
 

Guide Price SOLD PRIOR plus fees


Thursday 2nd July 2015

11.00am
Key Features
Head Leasehold Improved Ground Rents secured on 8 Private Dwellings
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Sold Prior to auction, for an undisclosed amount.

property

Is Preliminary Lot

False

Lease Details

Each property is held on a Head Lease, subject to an Underlease for a term of 99 years from 25th March 1967 to 24th March 2066 (less 3 days, approximately 51 years unexpired).
Ground rents on Nos. 28, 31, 34, 36, 38, 40 & 41 is subject to £30 per annum each and ground rent for No. 33 is £8.26 per annum.
Total Ground Rent Receivable: £218.26 per annum.
Profit Ground Rent: £66.80 per annum.

Location

Elmwood Gardens is a cul-de-sac which runs off Wood Lane and can be approached from either Butlers Road or Wellington Road.

No Guide Header

Nil Reserve

Property Description

Head Leasehold ground rents secured on 8 town houses, together with the roadway of Elmwood Gardens, which has been adopted by the Birmingham City Council.

Property Type

Ground Rents

Tag Line

Head Leasehold Improved Ground Rents secured on 8 Private Dwellings

Tenure

Head Leasehold (see legal pack for Lease information).

Tenure: