8 bedroom shared living/flatmate for sale
£600,000 /Sale price - Birmingham B11 2JPDetails
- Beds: 8
- Price: £600,000 /Sale price
- :
Advertisement
Overview
Guide Price = £580,000 - £600,000 Property for auction on 22nd May at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding. Property Description: A valuable investment opportunity comprising of an unbroken block of four, three storey traditional built properties of brick construction with pitched tile clad roofs prominently located at the junction of Warwick Road (A41) and Boscombe Road. The property was converted many years ago into four retail shops and eight separate self-contained flats, all with separate utility meters and two flats are approached directly from Warwick Road with the remainder accessed from the rear off Boscombe Road. The flats are all well laid out and benefit from mostly UPVC double glazed windows, either gas fired central heating or electric storage heating and have well planned communal access with rear gardens and in addition there are two lock up garages located off Boscombe Road. The property forms part of a traditional mixed use area containing a variety of traditional houses surrounded by commercial premises and is conveniently located 3 miles to the South-East of Birmingham City Centre and within 1 mile of both Sparkhill and Acocks Green Shopping Centre's. Tenancy Information Retail/Offices 459-461 Warwick Road t/a Nationwide Lettings: Let on a 12 months licence since 2006 (currently holding over) at a rental of £485 p.c.m. (£5,820 p.a.). 463 Warwick Road t/a Print Enterprise: Let on a licence since 2010 (currently holding over) at a rental of £375 p.c.m. (£4,500 p.a.). 465 Warwick Road t/a Vision All UK Ltd: Let on a licence for 12 months from 2019 (currently holding over) at a rental of £325 p.c.m. (£3, 900 p.a.). Residential Flats All flats are Let on Assured Tenancy Agreements at the following rentals: Flat 1/459: Rental £495 p.c.m. (£5,940 p.a.) Flat 2/459: Rental £400 p.c.m. (£4,800 p.a.) Flat 1/461: Rental £525 p.c.m. (£6,300 p.a.) Flat 2/461: Rental £495 p.c.m. (£5,940 p.a.) Flat 1/463: Rental £425 p.c.m. (£5,100 p.a.) Flat 2/463: Rental £435 p.c.m. (£5,220 p.a.) Flat 1/465: Rental £350 p.c.m. (£4,200 p.a.) Flat 2/465: Rental £475 p.c.m. (£5,700 p.a.) Total Rental Income: £57,420 per annum. Note: The seller has owned the property for many years and has taken a tenant friendly approach to rent reviews and therefore there may now be significant potential to increase the rental income. Accommodation: Ground Floor 459/461: Double Fronted Office, Managers Office, Toilet with WC. 52.41 sq.ms (564 sq.ft) 463: Front Office, Rear Office, Toilet with WC. 29.3 sq.ms (315 sq.ft) 465: Front Office, Rear Office, Toilet with WC. 29.3 sq.ms (315 sq.ft) Flat Accommodation: Flat 1/459: Ground Floor: Hall, Kitchen, Bathroom, Lounge. First Floor: Large Double Bedroom. 30.14 sq.ms (324 sq.ft). Flat 2/459: External Stairs to First Floor: Hall, Lounge, Kitchen, Bathroom. Second Floor: Large Double Bedroom. 40.77 sq.ms (438 sq.ft). Flat 1/461: Ground Floor: Hall, Bathroom, Lounge, Breakfast Kitchen. First Floor: Large Double Bedroom. 48.45 sq.ms (521 sq.ft). Flat 2/461: Shared Front Entrance, Stairs to First Floor: Lounge, Kitchen, Bathroom, Second Floor: Large Double Bedroom. 50.98 sq.ms (548 sq.ft). Flat 1/463: Ground Floor: Hall, Breakfast Kitchen, Bathroom, First Floor: Bed/Living Room. 33.12 sq.ms (356 sq.ft). Flat 2/463: Ground Floor: Shared Front Entrance, First Floor: Lounge, Kitchen, Bathroom, Stairs to Second Floor: Double Bedroom. 44.85 sq.ms (482 sq.ft). Flat 1/465: Ground Floor, Entrance Hall, Breakfast Kitchen, Bathroom, First Floor, Bed/Living Room. 35.86 sq.ms (386 sq.ft). Flat 2/465: Hall and Stairs to First Floor, Breakfast Kitchen, Lounge, Second Floor: Double Bedroom, Bathroom. 56.6 sq.ms (610 sq.ft). Outside: Forecourt, Two Lock Up Garages located to side. Rear: Communal access, Bin Stores and Gardens. Legal Documents: Available via Completion: 56 days from exchange of contracts. EPC Rating: Refer to Legal Pack Council Tax: Each Flat is Band A Viewings: Via Cottons A large quantity of internal/external photos are available on our website. For more details and to contact: https://realtyww.info/rooms_1_tyseley-d19596/for-sale_i70802341Amenities
- Home: Freehold Investment Opportunity 4 Shops & 8 Flats - Income: £57,420 p.a.
Advertisement
Shared Living/Flatmate Birmingham
This Shared Living/Flatmate for sale is located at Birmingham B11 2JP. The home has 8 Bedroom. This 8 bedroom Shared Living/Flatmate in Birmingham is for sale for £600,000 /Sale price.
Disclaimer
2024-04-18, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-18, Viewed 0 times.
Search more listings
- House For Rent Stoke On Trent
- Properties To Rent In Great Yarmouth
- Property To Rent Gillingham Kent
- Houses To Rent In Colchester
- House For Rent Newcastle
- Flat To Rent London
- Property For Rent Corby
- Houses To Rent Scunthorpe
- Property For Sale In Aylesbury
- Property To Rent In Preston
- Bungalows For Sale Chelmsford
- Properties For Rent Liverpool
- Top 10 2 bedroom house for sale barnet greater london terrace
- Top 10 2 bedroom house for sale essex essex pool
- Top 20 3 bedroom house for sale tamworth staffordshire parking
- Top 20 3 bedroom house for rent coventry west midlands den
- Top 10 3 bedroom house for sale kendal cumbria den
- Top 10 3 bedroom house for sale stockton on tees middlesbrough garden
- Top 10 2 bedroom flat for sale bristol city of bristol den
- Top 10 3 bedroom house for sale suffolk suffolk shopping
- Top 20 3 bedroom house for sale deal kent appliances
- Top 20 2 bedroom flat for sale worthing west sussex appliances
- Top 10 3 bedroom house for sale felixstowe suffolk den
- Top 20 3 bedroom house for sale corby northamptonshire den