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Apartment 1-9, 1 Waterway Court, Apartment 3 & 5 Waterway Court & Apartments 1 & 2, 1120 Yardley Wood Road, Kings Heath, Birmingham, B14 4LD

Sold for for £46,500.
 

Guide Price £32,000-£38,000 plus fees


Thursday 24th October 2013

11.00am
Key Features
Freehold Ground Rents secured on 13 Apartments.
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Sold for for £46,500.

property

Costs

The purchaser will be responsible to pay a contribution of £750 plus VAT towards the Vendor's costs.

Is Preliminary Lot

False

Lease Details

All 13 apartments are subject to Leases for a term of 125 years from 1st May 2004 and are currently subject to a ground rent of £150 per annum each, reviewable in 25 years. Please see legal pack for each review date in respect of these properties.
Total Ground Rent Receivable: £1,950 per annum

Property Description

13 Freehold ground rents secured on apartments, situated in two and three storey blocks, situated on the junction of Yardley Wood Road and School Road. The apartments stand in communal grounds and have communal parking.

Property Type

Ground Rents

Tag Line

Freehold Ground Rents secured on 13 Apartments.

Tenure

Freehold.

Tenure: