1-4 Beoley Croft Mason Road, Redditch, Worcestershire, B97 5DW
FREEHOLD GROUND RENT INVESTMENT 4 FLATS - 2 LEASES WITH 48 YEARS UNEXPIRED
Thursday, 20th February 2020 12:00pm
A large detached purpose-built block comprising 4 self-contained flats on the east side of Mason Road close to a few local shops in the Headless Cross district. Redditch with its shopping centre and mainline station is about 15 miles south of Birmingham and is easily reached from the M42 or M5.
1: 189 years from 24.03.1969 at £125 p.a (doubling every 25 years)
2: 99 years from 25.03.1969 at £25 p.a.
Approximately 48 years unexpired.
3: 99 years from 25.03.1969 at £25 p.a.
Approximately 48 years unexpired
4: Expires 24.03.2136 at £100 p.a (doubling- see lease)
Garage: 99 years from 25.03.1969
EQUIVALENT TO £275 p.a WITH 2 LEASES HAVING 48 YEARS UNEXPIRED
We are advised by the seller that each of the flats comprise 2 bedrooms.