Lot
101
Auction Ends: 22/05/2024 14:54 - Bidding opens Tuesday 21st May 10:00 AM

Freehold Ground Rents , Shaw, Oldham, Lancashire, OL3 5EG

Property Details
Location
Auction Details
Description
A portfolio of freehold ground rents producing £685pa, secured to 44 houses on a single registered title, located in the Shaw area of Oldham. The leases are for 999 years from 1970/71 with all but one of the ground rents being £15.50pa
Location
Shaw is an established residential area just under 4 miles to the north of Oldham and less than 3 miles from junction 21 of the M62, enabling access to a number of regional centres including Manchester, Huddersfield and Rochdale. The estate lies to the eastern outskirts of Shaw and lies within walking distance of local facilities including the Shaw & Crompton tram stop
Tenancy
PORTFOLIO SUMMARY - A full list of addresses is outlined in the legal pack 
No of Houses StreetAreaTitle NoLease TermsGround Rent pa
7Bidston closeOldham,OL2GM151476999 years from 1970/71£111.50
21Kendal Drive
Oldham, OL2GM151476
999 years from 1970/71
£325.50
9Arnside CloseOldham,OL2
GM151476
999 years from 1970/71
£139.50
3Dalehead DriveOldham,OL2
GM151476
999 years from 1970/71
£46.50
4Grains Road Oldham,OL2
GM151476
999 years from 1970/71
£62
TOTAL 44



£685pa
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.

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