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459-465 Warwick Road, Tyseley, Birmingham, B11 2JP 8 bed block of apartments - | Vehicle for Sale 1

Cottons Auction - Birmingham

This listing was posted on Cottons Auction - Birmingham (via ListedBuy).

£600,000

459-465 Warwick Road, Tyseley, Birmingham, B11 2JP 8 bed block of apartments -

Price:
£600,000
Location:
Birmingham, W Mids
Description:

Guide Price = £580,000 - £600,000 Freehold Investment Opportunity 4 Shops & 8 Flats - Income: £57,600 p. a. Property for auction on 22nd May at 13:00at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding. Residential Flats All flats are Let on Assured Tenancy Agreements at the following saleals: Flat 1/459: Saleal £495 p. c. m. (£5,940 p. a. ) Flat 2/459: Saleal £400 p. c. m. (£4,800 p. a. ) Flat 1/461: Saleal £540 p. c. m. (£6,480 p. a. ) Flat 2/461: Saleal £495 p. c. m. (£5,940 p. a. ) Flat 1/463: Saleal £425 p. c. m. (£5,100 p. a. ) Flat 2/463: Saleal £435 p. c. m. (£5,220 p. a. ) Flat 1/465: Saleal £350 p. c. m. (£4,200 p. a. ) Flat 2/465: Saleal £475 p. c. m. (£5,700 p. a. ) Total Saleal Income: £57,600 per annum. Note: The seller has owned the property for many years and has taken a tenant friendly approach to sale reviews and therefore there may now be significant potential to increase the saleal 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. Still available at ListedBuy!
Posted:
May 23 on ListedBuy
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