Property photos
Auction
Freehold
Guide price
£47,000
Land for sale
Fgr's, 1-12 Grenfell Court, 192 Birmingham Road, Wylde Green, Sutton Coldfield B72Key Information
Local area information
Property location
Nearby amenities
- Wylde Green 0.3 miles
- Maney Hill Primary School 0.4 miles
- Sutton Coldfield Grammar School for Girls 0.6 miles
- Chester Road 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Freehold Ground Rent Investment Secured on 12 Flats with Garages.
Guide Price = £40,000 - £47,000
Property for auction on 10th July at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A valuable freehold ground rent investment secured on a development of 12 two bedroom purpose built flats each with a garage, known as Grenfell Court and contained within two separate, three storey blocks prominently situated fronting Birmingham Road (A5127) between the junctions of Station Road and Vesey Road.
The property is set back from the road behind a tarmacadam forecourt with dual access providing residents & visitors car parking and in addition the property has a full length driveway leading to the rear which contains and extensive lawned communal garden, tarmacadam yard providing further parking and 12 lock up garages separately allocated to each apartment.
The property occupies a substantial plot extending to an area of approximately 0.65 acres (2,645 sq.mts) and may have some future development potential (subject to planning consent).
The property is located in the highly regarded Wylde Green area of Sutton Coldfield and located approximately mile from Wylde Green Train Station and 1 mile to the South of Sutton Coldfield Town Centre.
Legal Documents:
Available at
Viewings: External Only.
Note: Notices under Section 5B of the Landlord and Tenant Act 1987 have been served on all Lessees a copy of which will be contained within the legal pack.
3 ColumnsLeasehold Information
Each Flat is subject to a long leasehold interest, the terms being detailed in the schedule below.
Column 1Column 2Column 3Flat or Unit NumberTerm of LeaseAnnual RentFlat 1 Grenfell Court110 Years from 24 June 2002£280 (rising to £4,480)Flat 2 Grenfell Court135 Years from 5 April 2017PeppercornFlat 3 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 4 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 5 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 6 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 7 Grenfell Court134 Years from 26 June 2018PeppercornFlat 8 Grenfell Court99 Years from 24 June 1963£32.00Flat 9 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 10 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 11 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 12 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)
Total Current Ground Rent Income:
£1,847 per annum.
Property for auction on 10th July at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A valuable freehold ground rent investment secured on a development of 12 two bedroom purpose built flats each with a garage, known as Grenfell Court and contained within two separate, three storey blocks prominently situated fronting Birmingham Road (A5127) between the junctions of Station Road and Vesey Road.
The property is set back from the road behind a tarmacadam forecourt with dual access providing residents & visitors car parking and in addition the property has a full length driveway leading to the rear which contains and extensive lawned communal garden, tarmacadam yard providing further parking and 12 lock up garages separately allocated to each apartment.
The property occupies a substantial plot extending to an area of approximately 0.65 acres (2,645 sq.mts) and may have some future development potential (subject to planning consent).
The property is located in the highly regarded Wylde Green area of Sutton Coldfield and located approximately mile from Wylde Green Train Station and 1 mile to the South of Sutton Coldfield Town Centre.
Legal Documents:
Available at
Viewings: External Only.
Note: Notices under Section 5B of the Landlord and Tenant Act 1987 have been served on all Lessees a copy of which will be contained within the legal pack.
3 ColumnsLeasehold Information
Each Flat is subject to a long leasehold interest, the terms being detailed in the schedule below.
Column 1Column 2Column 3Flat or Unit NumberTerm of LeaseAnnual RentFlat 1 Grenfell Court110 Years from 24 June 2002£280 (rising to £4,480)Flat 2 Grenfell Court135 Years from 5 April 2017PeppercornFlat 3 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 4 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 5 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 6 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 7 Grenfell Court134 Years from 26 June 2018PeppercornFlat 8 Grenfell Court99 Years from 24 June 1963£32.00Flat 9 Grenfell Court110 Years from 24 June 2002£220 (rising to £3,520)Flat 10 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 11 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)Flat 12 Grenfell Court110 Years from 24 June 2002£175 (rising to £2,800)
Total Current Ground Rent Income:
£1,847 per annum.
Floor plans and tours
Floor plans
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More information
Listed by
Cottons Auctions
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