Land for sale

Fgrs 14, 24 & 46 Charterfield Drive, Kingswinford, West Midlands DY6

Guide Price = £12,000 - £15,000

Property for auction on 9th July at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

This Lot now comprises of only 1 Freehold Ground Rent as the FGRs for 14 & 24 Charterfield Drive are excluded from the sale due to purchase by the Lessee. The Guide Price has been reduced accordingly to a range of £4,000 - £6,000. The solicitor's legal costs contained within the contract have been reduced to £650 plus VAT along with the Buyers Administration Fee which has been reduced to £250 including VAT in order to reflect this change. Please check the legal pack for the exact total costs.

Property Description:
A Portfolio of Freehold Ground Rents, secured upon three modern semi detached houses of brick construction with pitched tile clad roofs, located in Charterfield Drive which leads via Stallings Lane off Wolverhampton Road (A491), forming part of an established residential area situated approximately 3/4 mile to the north of Kingswinford & four miles north of Stourbridge Town Centre].

Lease Information
Each property is subject to a long lease for a term of 99 years which expires on 23rd June 2071, each paying a current Ground Rent of £40 per annum.

Total Current Ground Rent Income: £120 per annum.

Freehold Land Registry Title No.
WM474286

Legal Documents:
Available at

Viewings: Not Applicable.

The Buyers Administration Fee for this Lot will be £650 including Vat