Initial price	£21,000
09/07/25	£15,000
Price Change	-28.57%

This property is a portfolio of two freehold ground rents, secured on semi-detached houses in Flaxley Road, Stechford, Birmingham. The properties are of brick construction with pitched tile roofs and are located approximately 3 miles from Birmingham city center. Each property is subject to a long lease of 99 years, expiring in 2065, with a ground rent of £25 per annum. The total ground rent income is £50 per annum. The freehold land registry title number is WK32248. The property is being sold at auction on July 9th with a guide price of £12,000 to £15,000, and the buyer's administration fee is £650 including VAT.