House For Sale £230,000
Guide Price = £210,000 - £230,000
Property for auction on 14th September at 15:00 at Property Description:
A three storey mid-terraced property of brick construction surmounted by a tiled roof set back from the road behind a walled foregarden. The property has been converted to provide a seven bedroom licensed HMO (House of Multiple Occupancy). Two of the seven living units have their own kitchenette and shower room. The property benefits from having UPVC double glazing and electric heating. Nicholls Street is located off Overend Street and Beeches Road and the property is within approximately a quarter of a miles distance from West Bromwich Town Centre which provides a wide range of shops and amenities. The property is fully let and currently produces an annual rental income of £33,620 per annum. A Schedule of Tenancies are detailed below.
Schedule of Tenancies
Room 1 : £390 pcm (£4,680 per annum)
Room 2: £400 pcm (£4,800 per annum)
Room 3: £425 pcm (£5,100 per annum)
Room 4: £425 pcm (£5,100 per annum)
Room 5: £70 per week (£3,640 per annum)
Room 6: £100 per week (£5,200per annum)
Room 7: £425 pcm (£5,100 per annum)
Total Rental: £33,620 per annum
Accommodation
Ground Floor
Communal Entrance
Room 1:(4.80 x 3.65m), Room 2: (3.91 x 3.01m), Communal Kitchen: (3.65 x 2.72m), Communal Shower Room and WC, Room 3:: Bedroom/Lounge: (4.31 x 2.81m), Kitchen: (2.40 x 1.83m), Shower Room: (2.39 x 0.82m), Stairs
First Floor
Room 4: (4.45 x 2.73m), Shower Room: (1.85 x 1.76m), Room 5: (3.93 x 3.04m), Room 6: (3.95 x 3.63m), Stairs
Second Floor
Room 7: Lounge/Bedroom: (4.37 x 4.45m), Kitchen: (2.19 x 1.57m), Shower Room with shower cubicle, WC and washbasin: (0.76 x 1.50m)
Outside:
Front: Walled foregarden
Rear: Garden
Legal Documents:
Available at
Viewings:
Via Cottons
Property for auction on 14th September at 15:00 at Property Description:
A three storey mid-terraced property of brick construction surmounted by a tiled roof set back from the road behind a walled foregarden. The property has been converted to provide a seven bedroom licensed HMO (House of Multiple Occupancy). Two of the seven living units have their own kitchenette and shower room. The property benefits from having UPVC double glazing and electric heating. Nicholls Street is located off Overend Street and Beeches Road and the property is within approximately a quarter of a miles distance from West Bromwich Town Centre which provides a wide range of shops and amenities. The property is fully let and currently produces an annual rental income of £33,620 per annum. A Schedule of Tenancies are detailed below.
Schedule of Tenancies
Room 1 : £390 pcm (£4,680 per annum)
Room 2: £400 pcm (£4,800 per annum)
Room 3: £425 pcm (£5,100 per annum)
Room 4: £425 pcm (£5,100 per annum)
Room 5: £70 per week (£3,640 per annum)
Room 6: £100 per week (£5,200per annum)
Room 7: £425 pcm (£5,100 per annum)
Total Rental: £33,620 per annum
Accommodation
Ground Floor
Communal Entrance
Room 1:(4.80 x 3.65m), Room 2: (3.91 x 3.01m), Communal Kitchen: (3.65 x 2.72m), Communal Shower Room and WC, Room 3:: Bedroom/Lounge: (4.31 x 2.81m), Kitchen: (2.40 x 1.83m), Shower Room: (2.39 x 0.82m), Stairs
First Floor
Room 4: (4.45 x 2.73m), Shower Room: (1.85 x 1.76m), Room 5: (3.93 x 3.04m), Room 6: (3.95 x 3.63m), Stairs
Second Floor
Room 7: Lounge/Bedroom: (4.37 x 4.45m), Kitchen: (2.19 x 1.57m), Shower Room with shower cubicle, WC and washbasin: (0.76 x 1.50m)
Outside:
Front: Walled foregarden
Rear: Garden
Legal Documents:
Available at
Viewings:
Via Cottons
