**Standout Features:**
- **Property Type:** Freehold land with ground rents on three properties.
- **Guide Price:** £15,000 - £18,000.
- **Lease Information:** 40 years remaining on lease; mortgage lenders may refuse financing due to this.
- **Current Ground Rent Income:** £96 per annum from three properties.
- **Location:** Established residential estate, near Stourbridge town center.
- **Parking:** Garage included, ample on-street parking.
- **Community:** Low crime rates in an affluent area, suitable for families.
This unique investment opportunity offers a portfolio of freehold ground rents tied to a detached and two semi-detached houses within a desirable suburban setting. With a current income of £96 per annum, it presents an attractive return potential, although prospective buyers should be aware of the 40 years remaining on the lease, which may limit financing options. The site is situated just a mile from Stourbridge town center, providing easy access to local amenities.
The property appeals particularly to investors seeking a low-entry point into a solid community characterized by good schools and low crime rates. However, the limited lease term could pose a challenge for future resale or mortgage options. Time is of the essence, as this auction presents an exclusive opportunity to secure a foothold in a lucrative area. Don’t miss your chance to capitalize on this unique investment potential.