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Land for sale
Fgrs 106, 144, 154 & 224 Stamford Road, Brierley Hill, West Midlands, DY5 2QE
£10,000
Fgrs 106, 144, 154 & 224 Stamford Road, Brierley Hill, West Midlands, DY5 2QE
£10,000
Price History
Initial price | £20,000 |
17/10/25 | £10,000 |
Price Change | -50.00% |
Description
This property is a portfolio of freehold ground rents secured on four terraced houses in Stamford Road, Stourbridge, located about two miles east of the town center. The properties are subject to long leases with approximately 39 years unexpired, and each pays a current ground rent of £30-£35 per annum. The total current ground rent income is £125 per annum. The freehold land registry title number is WM189993, and legal documents are available. The property is being sold at auction on October 22nd with a guide price of £8,000-£10,000, and a buyer's administration fee of £650 including VAT.