Lot
042
Auction Ends: 20/09/2023 13:14 - Bidding opens Tuesday 19th September 10:00 AM

Freehold Ground Rents , Arnold Avenue & Charnock Dale Road , Sheffield, South Yorkshire, S12 3JE

Property Details
Location
Auction Details
Description
A portfolio of 170 freehold ground rents secured to houses in various addresses throughout Sheffield S12, including, Arnold Avenue, Charnock Dale Road and Stoneley Avenue The properties are held on a four registered title with the majority of leases being 800 years from dates between 1954 and 1967 producing an overall annual income of £1,710.50
Location
The properties are located to the south east of Sheffield on a popular residential estate close to the outer ring road, facilities at nearby Gleadless Town End and the White Lane tram stop
Tenancy
The ground rents are held on 4 sperate Freehold titles, namely SYK518788, SYK499844, SYK499660 and SYK499770


TITLE NUMBERPROPERTY ADDRESSNUMBERHOUSES*LEASE TERMS GR RANGE £ANNUAL GR
SYK518788Arnold Avenue 271-34800 yrs 1954-56£8.50-£10.00£257
SYK499844Arnold Avenue34101-176800 yrs 1954-62
£12.00£408
SYK499660Arnold Avenue 1729-58800 yrs 1954-62
£9.50-£30.00£167.50
SYK499770Arnold Avenue40141-22 8800 yrs 1954-61£11 & £12£432
SYK499660
Charnock Dale Road5030-112800 yrs 1954-67
£9.50-£11£436.50
SYK499660
Stoneley Avenue 2&42800 yrs 1958£9.50£9.50
TOTAL 
170


£1,710.50
*Reference should be made to the Land Registry schedule in the legal pack as to the specific addresses in each title 
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 19TH SEPTEMBER AND CLOSES ON WEDNESDAY 20TH SEPTEMBER.
Addendum
ARREARS As at the 18th September, the outstanding ground rents amount to £679.26. An up to date schedule will be provided in readiness for completion Please note additional properties on Charnock Dale Road have been added to the original list, resulting in 170 ground rents producing £1,710.50pa. The guide price has been adjusted accordingly

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