Sold for £6,000

---

Freehold ground rents of £600 pa secured against a cul-de-sac 12 houses

---

Description/Location

The properties are held on leases for 999 years from 01/01/2003, each property pays a ground rent of £50 pa.

Tenure

Freehold

Local Authority

Stockport Metropolitan Borough Council

Office Contact

Please contact Ground Rent Auctions on 020 3987 0139.

Rent

Ground Rent: £600 pa

View Larger Map

View larger map on Google Maps.

*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.