House For Sale £255,000
Guide Price = £235,000 - £255,000
Property for auction on 14th September at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A substantial investment opportunity comprising of a three storey mid terrace property having been converted to provide 6 well laid out flats all having separate secondary electric meters (the gas supply is communal). The property benefits from UPVC double glazing and gas fired central heating. The property is located on South Road close to the junction with Watt Road, South road is located off Reservoir Road which is found off Gravelly Hill that provides direct access to both Birmingham city centre and junction 6 of the M6 Motorway network. The property is also within walking distance to Erdington High street that provides a wide range of shops and amenities. All of the flats are currently let producing a total current rental of £26,000 per annum.
Schedule of Tenancies
All flats are let on Assured Shorthold Tenancies:
Flat 1 £100 pw (£5,200 per annum)
Flat 2 £120 pw (£6,240 per annum)
Flat 3 £55 pw (£2,860 per annum)
Flat 4 £70 pw (£3,640 per annum)
Flat 5 £75 pw (£3,900 per annum)
Flat 6 £80 pw (£4,160 per annum)
Total Rental Income: £500pw (£26,000per annum)
Accommodation:
(All measurements are maximum length & width)
Ground Floor
Flat 1 Lounge/Kitchen (4.46 x 3.49m), Bedroom (3.74 x 2.77m), and Shower room (1.89 x 0.70m).
Communal WC and Shower.
Flat 2 Lounge (3.12 x 3.29), Kitchen (2.68 x 1.66m), Bedroom (4.98 x 2.69m) and Shower room (2.05 x 0.80m).
First Floor
Flat 3 Lounge/Bedroom/Kitchen (3.52 x 2.80m) and Bathroom (1.68 x 1.85m).
Flat 4 Lounge/Bedroom/Kitchen, Shower Room
Flat 5 Lounge/Bedroom (4.29 x 3.76m), Kitchen (1.71 x 1.52m) and Shower room (2.37 x 0.82m).
Second Floor
Flat 6 Lounge/Bedroom (3.77 x 4.91m), Kitchen (1.76 x 1.23m) and Bathroom (2.43 x 1.80m).
Outside:
Front Walled Foregarden.
Rear Garden
Legal Documents: Available at
Viewings: Via Cottons
Property for auction on 14th September at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A substantial investment opportunity comprising of a three storey mid terrace property having been converted to provide 6 well laid out flats all having separate secondary electric meters (the gas supply is communal). The property benefits from UPVC double glazing and gas fired central heating. The property is located on South Road close to the junction with Watt Road, South road is located off Reservoir Road which is found off Gravelly Hill that provides direct access to both Birmingham city centre and junction 6 of the M6 Motorway network. The property is also within walking distance to Erdington High street that provides a wide range of shops and amenities. All of the flats are currently let producing a total current rental of £26,000 per annum.
Schedule of Tenancies
All flats are let on Assured Shorthold Tenancies:
Flat 1 £100 pw (£5,200 per annum)
Flat 2 £120 pw (£6,240 per annum)
Flat 3 £55 pw (£2,860 per annum)
Flat 4 £70 pw (£3,640 per annum)
Flat 5 £75 pw (£3,900 per annum)
Flat 6 £80 pw (£4,160 per annum)
Total Rental Income: £500pw (£26,000per annum)
Accommodation:
(All measurements are maximum length & width)
Ground Floor
Flat 1 Lounge/Kitchen (4.46 x 3.49m), Bedroom (3.74 x 2.77m), and Shower room (1.89 x 0.70m).
Communal WC and Shower.
Flat 2 Lounge (3.12 x 3.29), Kitchen (2.68 x 1.66m), Bedroom (4.98 x 2.69m) and Shower room (2.05 x 0.80m).
First Floor
Flat 3 Lounge/Bedroom/Kitchen (3.52 x 2.80m) and Bathroom (1.68 x 1.85m).
Flat 4 Lounge/Bedroom/Kitchen, Shower Room
Flat 5 Lounge/Bedroom (4.29 x 3.76m), Kitchen (1.71 x 1.52m) and Shower room (2.37 x 0.82m).
Second Floor
Flat 6 Lounge/Bedroom (3.77 x 4.91m), Kitchen (1.76 x 1.23m) and Bathroom (2.43 x 1.80m).
Outside:
Front Walled Foregarden.
Rear Garden
Legal Documents: Available at
Viewings: Via Cottons
