Guide price
£22,000
Land for saleFgr's, 1, 2, 3 & 4 Cook Close, Knowle, Solihull, West Midlands B93
Auction
Freehold
About this property
Guide Price = £18,000 - £22,000
Property for auction on 9th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A Freehold Ground Rent investment opportunity secured upon four maisonettes contained within a detached two storey block of brick construction with pitched tile clad roof, located in a cul de sac overlooking open space and set back behind a fore garden.
Cook Close forms part of a highly regarded and established residential area and leads off Kenilworth Road which connects directly to Knowle High Street containing a wide range of retail amenities, bars and restaurants.
Leasehold Information
1 Cook Close
The property is subject to a long lease for a term of 99 years (less 3 days) which commenced on 25th March 1976 at a ground rent of £45 per annum.
2 Cook Close:
The property is subject to a long lease which originally commenced on 25th March 1976 and has since been extended from 9th December 2011
expiring 22 March 2110, at a ground rent of £45 per annum.
3 Cook Close:
The property is subject to a long lease which commenced on 28th March 1979 and has since been extended from 30 April 2013 expiring 24 March 2112, at a ground rent of £45 per annum.
4 Cook Close:
The property is subject to a long lease which commenced on 13th November 2007 expiring 25 March 2125, at a ground rent of £45 per annum.
Total Ground Rent Income: £180 per annum
Legal Documents Available via
Viewings Not Applicable
Property for auction on 9th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A Freehold Ground Rent investment opportunity secured upon four maisonettes contained within a detached two storey block of brick construction with pitched tile clad roof, located in a cul de sac overlooking open space and set back behind a fore garden.
Cook Close forms part of a highly regarded and established residential area and leads off Kenilworth Road which connects directly to Knowle High Street containing a wide range of retail amenities, bars and restaurants.
Leasehold Information
1 Cook Close
The property is subject to a long lease for a term of 99 years (less 3 days) which commenced on 25th March 1976 at a ground rent of £45 per annum.
2 Cook Close:
The property is subject to a long lease which originally commenced on 25th March 1976 and has since been extended from 9th December 2011
expiring 22 March 2110, at a ground rent of £45 per annum.
3 Cook Close:
The property is subject to a long lease which commenced on 28th March 1979 and has since been extended from 30 April 2013 expiring 24 March 2112, at a ground rent of £45 per annum.
4 Cook Close:
The property is subject to a long lease which commenced on 13th November 2007 expiring 25 March 2125, at a ground rent of £45 per annum.
Total Ground Rent Income: £180 per annum
Legal Documents Available via
Viewings Not Applicable
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Monthly repayment
£110 per month
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