Lot
060
Auction: July 2024 Online Auction 17/07/2024 - Bidding opens Tuesday 16th July 10:00 AM

Leasehold Ground Rents, Bristol Road Danube Road & Worcester Road , Hull, East Riding of Yorkshire, HU5 5XW

Property Details
Location
Auction Details
Description
GROUND RENT INVESTMENT - £1,758pa A portfolio of leasehold ground rents secured to 124 houses on Bristol Road, Danube Road and Worcester Road in this established residential area to the north west of Hull City Centre. The leaseholds are held on 5 registered titles for 999 years from 24th June 1938 with annual rentals varying between £2 and £100, with an average of £14pa.
Location
The estate lies to the north west of the city centre off Wold Road close to the junction of County Road South and the B1232 Willerby Road.
Tenancy
PORTFOLIO SUMMARY - Full details will be included in the legal pack 
No of HousesStreetAreaTitle noLease termsGround Rent pa 
6Danube Road Hull, HU5HS363911999 years from 24th June 1938£65
30Danube Road Hull,HU5HS388941999 years from 24th June 1938
£354
38Bristol Road Hull,HU5HS363911999 years from 24th June 1938
£822
1Bristol Road Hull,HU5HS348546999 years from 24th June 1938£100
49Worcester Road Hull,HU5HS388941999 years from 24th June 1938
£417
TOTAL 124



£1,758pa
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 16TH JULY AND CLOSES ON WEDNESDAY 17TH JULY.
Addendum
Please note the guide price has reduced to £15,000+

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