Block of flats for sale in 127 College Road, Moseley, Birmingham, West Midlands B13
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Freehold Investment Opportunity - Five Flats (Potential Rent £35,640 p.a.)
Property description
Guide Price = £340,000 - £360,000
Property for auction on 11th September at 13:00 at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Property Description:
A substantial three storey investment property of brick construction surmounted by a pitched tile clad roof set back from the road behind a forecourt and containing five self contained flats.
The property is offered for sale in a well managed and presentable condition with all flats providing well laid out accommodation and benefitting from UPVC double glazed windows and gas fired central heating (except Flat 1 has electric heating).
College Road forms part of an established residential area and is located between the Junctions with Wake Green Road and Springfield Road and a short distance from Stratford Road (A34) which provides access to a wide range of local retail amenities and services.
Tenancy Information
All properties are let on Assured Shorthold Tenancy Agreements as follows:
Flat 1: Vacant (Previously let at £595 per calendar month).
Flat 2: Rent £560 per calendar month.
Flat 3: Rent £595 per calendar month.
Flat 4: Rent £595 per calendar month.
Flat 5: Rent £625 per calendar month.
Total Current Rental Income: £2,375 p.c.m. (£28,500 p.a.)
Total Rental Income with Fully Let : £2,970 p.c.m. (£35,640 p.a.)
Accommodation:
Ground Floor
Communal Entrance Hall
Flat 1:
Lounge with open plan kitchen, Double Bedroom with ensuite shower room having wash basin and WC. Gross Internal Area: 28 (301 sq.ft).
Flat 2:
Entrance Hall, Lounge, Kitchen, Inner Hall, Bathroom with panelled bath having shower over, wash basin and WC, Double Bedroom. Gross Internal Area: 35.64 (383 sq.ft).
First Floor:
Stairs and Landing:
Flat 3:
Entrance Hall, Shower Room with glazed shower, wash basin, WC, Dining Kitchen, Double Bedroom, Lounge. Gross Internal Area: 43.69 sq, ms (470 sq.ft).
Flat 4 (Duplex Flat):
Lounge with Open Plan Kitchen, internal stairs to second floor, Landing, Double Bedroom, Shower Room with glazed shower, pedestal wash basin, WC. Gross Internal Area: 39.05 (420 sq.ft).
Second Floor
Flat 5:
Entrance Hall, Shower room with glazed shower enclosure, vanity wash basin WC, L Shaped Dining Kitchen, Lounge, Double Bedroom. Gross Internal Area: 44.63 (480 sq.ft).
Outside:
Front: Forecourt.
Rear: Paved yard and generous rear garden.
Council Tax Band All Flats Band A
EPC Rating Flat 1 - C, Flat 2 - D, Flat 3 - D, Flat 4 - C, Flat 5 - C
Legal Documents:
Available at
Viewings:
Available via Cottons
Property info
For more information about this property, please contact
Cottons Auctions, B17 on +44 121 659 7981 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cottons Auctions, and do not constitute property particulars. Please contact Cottons Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.