This property is no longer on the market
2 bedroom coach house
Key information
Property description & features
- Tenure: Leasehold (132 years remaining)
- Spacious 2 Bedroom Coach House/Maisonette
- For Sale by Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- 10% deposit payable
- Chain Free Leasehold
- Currently Let but can be available vacant possession
- EPC Band - B
- Electric Heating throughout
John Miller is proud to present this TWO BED Coach House/Maisonette in a quiet area of Stirchley, Kings Health in Birmingham. Close to Cadburys World, 11 minutes by car to the University of Birmingham. The property is close to healthcare services including opticians with transport links, a tram line 1.4 miles, and shops a short drive away.
The property briefly offers steps leading to the front of the property into the Entrance hallway leading to the Study room on the right-hand side to the front elevation with a storage room, a W.C., and stairs leading to the first floor on the left-hand side, and the First spacious Bedroom at the end of the hallway to the rear elevation.
The first floor comprises a Hallway leading to the Second spacious Bedroom to the front elevation, a bathroom to the side elevation, and the open plan Kitchen/Dining area at the end of the hall to the rear elevation. The kitchen area has a mixer of fitted oak wall and base units with complimentary black marble worktops.
Property Benefits of electric heating throughout, double-glazed windows, and spacious rooms throughout the property.
The property is currently let at £695 pcm long-term tenant, the property can be available vacant if required. Offering a rental yield based on approx. £2500 p.a. expenses. Gross Rental Yield 5.05%, Net Rental Yield 3.54%. The rental income achievable is £800 pcm - £900 pcm. Then Rental yield can be achieved approx. Gross Rental Yield 5.82%- 6.55%, Net Rental Yield 4.30%- 5.03%.
EPC Rating E
*Strictly via appointments only, please do not approach the property*
Please contact us for viewing availability on[use Contact Agent Button] or WhatsApp on[use Contact Agent Button], or you may miss out on this great investment opportunity!
Council Tax Band: B (Birmingham City Council)
Tenure: Leasehold (132 years)
Ground Rent: £150 per year
Service Charge: £1,080 per year
Rooms
Access
Entrance to the property via steps leading to UPVC door.
Entrance hall
Access to other rooms and stairs to first floor. Laminate to flooring, white painted walls, ceiling light point, electrical socket points, and smoke alarm.
Study
Laminate to flooring, white painted walls, ceiling light point, electrical socket points with electric heater and double glazed windows to the front elevation.
Bedroom 1
Fitted carpet to flooring, white painted walls, ceiling light point, electrical socket points with electric heater and double glazed windows to the rear elevation.
WC
White tiling to flooring, white painted walls with electric heater, ceiling light point, a low level W.C. and wash hand basin.
Stairs & Landing
Black fitted carpet to flooring with white painted walls and white banister leading to first floor. Landing leading to other rooms and comprises electrical socket points, ceiling light point, double glazed window to the front elevation and smoke alarm fitted to ceiling.
Bedroom 2
Fitted carpet to flooring, white painted walls, ceiling light point, electrical socket points with electric heater and double glazed windows to the front elevation.
Kitchen/ Dining room
Laminate to flooring, white painted walls with feature wall, stylish ceiling light point, two double glazed windows to the rear elevation, electrical socket points, and electric heater. Kitchen area has oak wall and base units with complimentary grey marble worktops. Has inset stainless steel bowl sink with drainage, fitted electric hob and oven with white tiling to splash back prone areas.
Bathroom
Spacious bathroom with white tiling to flooring, blue painted walls with white tiling to splash back prone areas, a bath tub with screen, a wash hand basin, obscure window to the rear elevation, ceiling light point and extractor fan.
Tenure
We have been advised the property is Leasehold, your solicitor shall confirm this.
Tenancy Information
We have been informed that there is approximately 132 years left on the lease.
Ground Rent: £150 p.a.
Service Chargers: £1080 p.a.
These shall be verified via solicitors.
Nearby Train/Tram Stations
Listed here are the closest railway stations to Ratcliffe Avenue, Birmingham, B30 3NZ. The nearest railway station is Kings Norton, approximately 1.4 miles away.
Name Approximate Distance*
Kings Norton 1.4 miles
Bournville 1.5 miles
Yardley Wood 2.1 miles
Shirley 2.4 miles
Nearby Education Facilities
Listed here are the closest primary schools The nearest is Bells Farm Primary School, approximately 770 yards away.
Name Approximate Distance*
Bells Farm Primary School 770 yards
The Oaks Primary School 780 yards
St Alban's Catholic Primary School 0.5 miles
Woodthorpe Junior and Infant School 0.6 miles
St Jude's Catholic Primary School 0.6 miles
Broadmeadow Infant School 0.7 miles
Broadmeadow Junior School 0.7 miles
Nearby Education Facilities
Listed here are the 10 closest secondary schools. The nearest is Kings Heath Boys, approximately 1.2 miles away.
Name Approximate Distance*
Kings Heath Boys 1.2 miles
Wheelers Lane Technology College 1.3 miles
King Edward VI Camp Hill School for Boys 1.4 miles
King Edward VI Camp Hill School for Girls 1.4 miles
Bishop Challoner Catholic College 1.6 miles
Christ Church, Church of England Secondary Academy 1.6 miles
Nearby Surgeries and Hospitals
Listed here are the closest GPs (General Practitioners).The nearest is Druids Heath Surgery, approximately 750 yards away. Please consult the NHS Choices website to check if the facility is currently accepting new NHS patients.
Name Approximate Distance*
Druids Heath Surgery 750 yards
Broadmeadow Health Centre (MMP South) 0.5 miles
Keynell Covert Surgery 0.5 miles
Maypole Health Surgery Y 0.6 miles
Maypole Health Centre A 0.7 miles
The Old Priory Surgery 1.1 miles
Hillmeads Medical Centre 1.1 miles
Nearby Surgeries and Hospitals
Listed here are the closest hospitals. The nearest is Grove Avenue, approximately 2.2 miles away.
Name Approximate Distance*
Grove Avenue 2.2 miles
West Midlands Rehabilitation Centre 2.4 miles
Juniper Centre 2.4 miles
Moseley Hall Hospital 2.4 miles
West Heath Hospital 2.4 miles
Royal Orthopaedic Hospital 2.6 miles
Cygnet Wast Hills 2.6 miles
Auctioneers Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
Auction Procedure
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
Paperwork proof of funds required Part 1
We will need to verify the buyer's position and ability to proceed, therefore if you require the following;
1: If Mortgage; Then copy of your Mortgage Certificate ie mortgage in principal. If this is not available, you will be contacted by our Financial Advisor to confirm your ability to proceed, although you are not obliged to use the services of our Financial Adviser.
But we can offer their services for free advice, they shall confirm their fees directly with you. There are discounts available via our brokers as they are independent and have access to various deals (please note we do get a referral fee).
Paperwork proof of funds required Part 2
2: We do require proof of your cash deposit, this can be in form of bank statements, must have the client's full contact details on ie name & address. If recent funds have been deposited in the account then we shall require t know where these funds had come from originally (for money laundering purposes.)
3: Cash purchaser, we will require proof of funds, if recent funds have been deposited in the account then we shall require where these funds had come from originally (for money laundering purposes.)
4: ID of all parties who shall be purchasing the property ie driving licence and passport.
These can be emailed alongside your offer, failure to do so can result in your offer not being processed in time and you may lose out on the property. Our Money Laundering Officer needs the following documents to sign off your offer before we process this to the owners.
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Property reference RS0761. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by John Miller - West Bromwich.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on February 18, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 18, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 2, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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