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Lot
052
Auction: 28th September 2026 Online Auction 28/09/2026 - Bidding opens Monday 28th September 1:00 PM

Freehold Ground rents secured to modern housing developments , across the North West , Cheshire ST7 2GU

Guide Price
£190,000 plus
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Property Details
Location
Auction Details
Description

A portfolio of freehold ground rents secured against 138 houses located across modern housing developments throughout north-west England. The properties are subject to 999-year leases, commencing between 2014 and 2017. The portfolio produces a total income of £36,300 p.a. and has an overall average ground rent of approximately £263 per dwelling.

A summary of the addresses are as follows and for full details, please refer to the legal pack



CH276803 & CH641466 18 address - £4,500 p.a.

William Higgins Close, Alsager, ST7 2GU

Frank Wilkinson Way, Alsager, ST7 2GQ

Reginald Lindop Drive, Alsager, ST7 2GW



CH624412 8 addresses - £2,400 p.a.

Blears Avenue, Nantwich, CW5 6GG

Sandland Grove, Nantwich, CW5 6GF



CH524448 & CH536849 - 26 addresses - £7,800 p.a.

Oak Tree Rise, Malpas, SY14 7FA

Hughes Lane, Malpas, SY14 7FB



CH617994 - 22 addresses - £5,500 p.a.

Foxglove Way Northwich. CW9 7XS

Mulberry Close Rudheath, Northwich, CW9 7XT



CH225387 - 23 addresses - £5,750 p.a.

Bell View, Widnes, WA8 9BG



CH646184 - 13 addresses - £3,250 p.a.

Hill Top Grange, Davenham, CW9 8XB

Bowfell Close, Davenham, CW9 8XE

Scarfell Crescent, Davenham, CW9 8XD



CH632155 - 3 addresses - £850pa

George Gallimore Drive, Haslington, Crewe, CW1 5AQ



MS633058 - 25 addresses - £6,250pa

Atholl Duncan Drive, Upton, CH49 0WF

Hosking Close, Upton, CH49 0WG

Malley Close, Upton, CH49 0WJ

Simpson Place, Upton, CH49 0WN
Costs
Auction Details

The sale of this property will take place on the stated date by way of Online auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 
Addendum
Please note the portfolio includes a further 32 addresses resulting in an increases income of £8,815pa to £36,300pa.

An updates summary is as follows-

Alsager - 18 plots - £4,500pa
Nantwich - 8 plots - £2,400pa
Malpas - 26 plots - £7,800pa
Northwich -22 plots - £5,500pa
Widnes - 23 plots - £5,750pa
Davenport - 13 plots - £3,250pa
Winterley - 3 plots - £850pa
Upton - 25 plots -£6,250pa

TOTAL 138 plots - £36,300pa

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