Ground Rents , Witney Street & Various Areas, Off London Road , Sheffield, South Yorkshire, S7 2ED

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£14,000

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Property Details

Location

Description

GROUND RENT INVSETMENT - A portfolio of freehold and leasehold ground rents secured to 113 houses in various long established residential areas of Sheffield, producing a gross annual income of £638.87 (£547.22 net) and held on registered titles with lease lengths of 200 and 800 years.

Location

The portfolio is located throughout Sheffield with the majority on Witney Street and Batt Street off London Road, a short distance from the city centre.

Tenancy

PORTFOLIO SUMMARY - A full list of addresses is outlined in the legal pack

No of Houses	Street	Area	Title No	Lease Terms	Ground Rent pa (Gross)	Headlease Details
1	Brentwood Road	S7	SYK52046	800 years from 1907	£10.50	Freehold
2	Brincliffe Edge Road	S7	SYK52046	800 years from 1907	£9.76	Freehold
1	Union Road	S7	SYK52046	800 years from 1907	-	Freehold
1	Alexandra Road	S2	SYK54422	200 years from 1964	£15	Freehold
2	Gainsborough Road	S11	SYK6652	800 years from 1938	£17.24	Freehold
5	Chippinghouse Road	S7	SYK6652	800 years from 1880	£5	Freehold
1	Staveley Road	S7	SYK6652	800 years from 1880		Freehold
8	Wheel Lane	S35	SYK6652	800 years from 1934	£5.78	Freehold
2	Abbey Lane	S7	YWE33060	200 years from 1965	£40	Freehold
2	Abbey View Road	S8	YWE33064	200 years from 1968	£46	Freehold
2	Bellhouse Road	S5	SYK178937	200 years from 1909 & 1921	£26	200 years from 25th March 1909 at £7.50pa
10	Batt Street	S8	SYK309895	400 years from1884	£40.84	488 years from 25th March 1810 at £25.70 pa
32	Witney Street	S8	SYK309895	400 years from1884	£134.40	" " "
12	London Road	S8	SYK309895	400 years from1884	£69.61	" " "
1	Boyce Street	S6	SYK365813	800 years from 1930	£25	800 years from 25th March 1930 at £3pa
1	Albert Road	S8	SYK365813	800 years from 1930	£25	800 years from 25th March 1930 at £3pa
1	Blair Athol Road	S11	SYK376760	800 years from 1900	£25	800 years from 25th March 1900 at £5.25
1	Asithorpe Road	S8	SYK63719	200 years from 1964	£16	800 years from 25th March 1902 at £6.35
1	Abbeydale Road	S7	SYK65891	200 years from 1933	£15	200 years from 29th Sep 1933 at £12pa
1	Aisthorpe Road	S8	SYK2370	200 years from 1964	£16	800 years from 25th March 1902 at £6.35pa
3	Bagley Road	S4	YWE21047	800 years from 1981	£15	800 years from 29th September 1891 at £11pa
2	Skinnerthorpe Road	S4	YWE21047	800 years from 1891	£15	800 years from 29th Sep 1891 at £11pa
1	Ashford Road	S11	YWE34880	200 years from 1964	£18	Freehold
3	Ainsley Road	S11	YWE48997	800 years from 1898	£18	800 years from 29th Sep 1998 at £8pa
6	Norton Lees Road	S8	SYK489496	800 years from 1924	£27.56	Freehold
1	Beverleys Road	S8	SYK489496	800 years from 1924	£3.18	Freehold
TOTAL 113					£638.87gross £547.22net	Total headleases rents - approx £91.65

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MAY AND CLOSES ON WEDNESDAY 22ND MAY.

Addendum

Following the launch of this ground rent lot, the final schedule forming part of the conditions of sale is slightly different to the initial published details. The online summary schedule has been updated accordingly.