in Birmingham

Grayshott Close, Birmingham B23 6JU
  • Lot No: 73
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £140,000+ plus fees

Result Sold After Auction

Property Description

Freehold title - Ground rents secured on residential properties. Freehold Ground Rents to a residential development that is made up of blocks of Maisonettes with gardens and associated garages. Original Lease 30 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 31 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 39 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 42 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 44 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 46 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 52 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa 54 Grayshott Close - lease length 99 years from 25th March 1966 Ground Rent £28pa Extended Leases* 26 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 28 Grayshott Close - lease length until 24th March 2155 - Ground Rent £50pa 32 Grayshott Close - lease length until 24th March 2155 - Ground rent £100pa 33 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 35 Grayshott Close - lease length until 24th March 2155 - Ground Rent Nil 37 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 41 Grayshott Close - lease length until 24th March 2155 - Ground Rent Nil 43 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 45 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 47 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 48 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 49 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 50 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 51 Grayshott Close - lease length until 24th March 2155 - Ground Rent Nil 53 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 56 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa 58 Grayshott Close - lease length until 24th March 2155 - Ground Rent Nil 60 Grayshott Close - lease length until 24th March 2155 - Ground Rent Nil 62 Grayshott Close - lease length until 24th March 2155 - Ground Rent Nil 64 Grayshott Close - lease length until 24th March 2155 - Ground Rent £100pa *The Ground Rents for the Extended Leases which are shown above as £100 p.a., remain at that figure until March 2035 and double every 30 years thereafter. The Ground Rent for 28 Grayshott Close is £50 p.a. until March 2037, rising thereafter. PLEASE NOTE: The freehold for 22 & 24 Grayshott Close are not included in the sale, as the Leaseholders are exercising their right to purchase the Freehold title. The above information was given to us by the vendor. Please check the legal pack to confirm the details of the sale .

Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.