Land for sale

5, 30, 45 & 46 Gibbs Hill Road, Birmingham, West Midlands B31

Guide Price = £25,000 - £29,000

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

Property Description:
A Portfolio of Freehold Ground Rents, secured upon three terraced houses and one semi detached house of brick construction with pitched tile clad roofs, located in Gibbs Hill Road which leads via Tomlan Road off Redhill Road, forming part of an established residential area situated approximately 1 mile to the south east of Longbridge Town Centre.

Lease Information
Each property is subject to a long lease for a term of 99 years which expires on 25th March 2062, each paying a current Ground Rent of £28 (No.5), £29 (Nos. 30 & 45) & £31(No. 46) per annum.

Total Current Ground Rent Income: £117 per annum.

Freehold Land Registry Title No.
WM217769

Legal Documents:
Available at

Viewings:
Not Applicable.

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