Initial price	£20,000
17/10/25	£10,000
Price Change	-50.00%

This property is a portfolio of two freehold ground rents, secured on two terraced houses in Stamford Road, Stourbridge. The properties are of brick construction with pitched tile roofs and are located in an established residential area, about two miles east of Stourbridge town centre. Each property is subject to a long lease with approximately 39 years remaining, paying a current ground rent of £30 or £35 per annum. The total current ground rent income is £65 per annum. The property is being sold at a guide price of £8,000 to £10,000 and is available for auction on October 22nd. Viewings are not applicable, and the buyer's administration fee will be £650 including VAT.