For Sale By Auction | 10:00, 24 April 2025 | Lot 223

Land and Buildings at Forres Road, Sheffield, South Yorkshire, S10 1WE

*Guide | £10,000+ (plus fees)

  • Terraced House
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Thu 24/04/2025

Auction Time

10:00

Auction Venue

Live Stream

A Ground Rent Investment Secured Upon 32 Terraced Houses Producing a Combined Ground Rent of £52.20 Per Annum

The property comprises 32 terraced houses arranged over ground and first floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Lydgate Park are within easy reach. Transport links are provided by Sheffield rail station.

Tenancy

The 32 houses are all sold off on 800 year leases with a minimum of 684 years remaining producing a combined ground rent of £52.20 per annum. Please refer to the legal pack for a full tenancy schedule.

The properties have not been inspected by Auction House London. All information has been supplied by the vendor.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.