No longer on the market
This property is no longer on the market
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Map3 bedroom semi-detached house
Auction
Semi-detached house
3 beds
2 baths
1011
EPC rating: E
Key information
Tenure: Freehold
Service charge: £0 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- Underthehammer.com
- Freehold
Fantastic Investment opportunity for Sale by under the hammer online auction. Tuesday 27th - 29th November 2023. Guide Price £165,000. A freehold investment property.
Producing a rental income of £28,080 PA with a Yield of 15% approx, with a monthly rental income of £2340 PCM
This semi-detached property boasts three reception rooms, a recently updated kitchen, and a ground-floor shower room. Upstairs, you'll find three bedrooms and a newly fitted bathroom on the first floor, along with a loft room on the second floor. The property also features a rear garden.
Conveniently located within walking distance of local amenities and in close proximity to transportation options.
The seller has informed us that the property will be sold fully furnished, including furniture and kitchen appliances.
Ground Floor:
- Entrance Hall
- Reception Room
- Bedroom 4
- Dining Room
- Kitchen
- Shower Room
First Floor:
- Bathroom
- Bedroom One
- Bedroom Two
- Bedroom Three
Second Floor:
- Additional Loft Room
Tenancy Details (provided by the seller): There are currently three tenants with assured shorthold tenancy agreements, each renting rooms on a weekly basis.
Room One rents for £105 per week.
Room Two for £110 per week.
Room Three for £150 per week.
Room Fours: Currently vacant but has potential for £100 Per week.
Room Five is currently vacant but has the potential to generate a rental income of £75 per week if an HMO license is acquired.
(Figures subject to securing a HMO Licence, see Tenancy details for detailed information)
For further details, please refer to the legal pack.
- EPC Rating: E
- Council Tax Band: B
BIDDING
For bidding please visit: underthehammer. com
*START PRICES & RESERVE PRICES
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
EPC
EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged immediate at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks. (56 days)
Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.
FULL TERMS & LEGAL DOCUMENTATION
Available at underthehammer. com
Producing a rental income of £28,080 PA with a Yield of 15% approx, with a monthly rental income of £2340 PCM
This semi-detached property boasts three reception rooms, a recently updated kitchen, and a ground-floor shower room. Upstairs, you'll find three bedrooms and a newly fitted bathroom on the first floor, along with a loft room on the second floor. The property also features a rear garden.
Conveniently located within walking distance of local amenities and in close proximity to transportation options.
The seller has informed us that the property will be sold fully furnished, including furniture and kitchen appliances.
Ground Floor:
- Entrance Hall
- Reception Room
- Bedroom 4
- Dining Room
- Kitchen
- Shower Room
First Floor:
- Bathroom
- Bedroom One
- Bedroom Two
- Bedroom Three
Second Floor:
- Additional Loft Room
Tenancy Details (provided by the seller): There are currently three tenants with assured shorthold tenancy agreements, each renting rooms on a weekly basis.
Room One rents for £105 per week.
Room Two for £110 per week.
Room Three for £150 per week.
Room Fours: Currently vacant but has potential for £100 Per week.
Room Five is currently vacant but has the potential to generate a rental income of £75 per week if an HMO license is acquired.
(Figures subject to securing a HMO Licence, see Tenancy details for detailed information)
For further details, please refer to the legal pack.
- EPC Rating: E
- Council Tax Band: B
BIDDING
For bidding please visit: underthehammer. com
*START PRICES & RESERVE PRICES
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
EPC
EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged immediate at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks. (56 days)
Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.
FULL TERMS & LEGAL DOCUMENTATION
Available at underthehammer. com
About this agent
Royal Estates are one of Birmingham's number one residential and commercial property specialists. From 2006 Royal Estates has earned a reputation as one of the most innovative and well known independent estate agents through Birmingham, Sandwell and its surrounding areas. We know our business and the property market like no one else and every year we help thousands of clients and customers buy, sell, let, rent and manage their homes and investments. We appreciate the importance of developing long-term relationships with each of our clients. We understand that every area, every property and each individual client is different and that one size doesn't fit all, so while many agents focus purely on their sales processes, exceptional agencies like Royal Estates also focus on people and on delivering a truly excellent service to each and every one of its clients. That is why we employ some of the most experienced and most qualified agents in the industry and have our services regularly recognised. We are not your typical estate agent and over the years we have demonstrated how we like to challenge tradition and improve the way the industry operates in response to consumer needs. We are known for our unique and comprehensive marketing, including our famous fleet of branded smart cars, dynamic café-style office, and our opulent property movies. Innovation is key to every area of our business and we are committed to delivering excellent service and exceeding our client's expectations. Our team of diligent and trustworthy professionals has worked to create and maintain a business that strives to provide innovative real estate solutions to its clients at a local, national and international level. Royal Estates of Birmingham provide a professional service for corporate and private landlords. Royal Estates has been successfully selling property for many years. Networking our offices and benefiting from being located on busy high street positions, we offer clients expert knowledge of the local area and additional selling services. Royal Estates is owned and run by two local brothers and landlords, who are dedicated to providing the very best property services with expertise including Sales, Lettings, Property Management, Commercial & Investment Properties. If you are looking for a company to serve you with commitment, passion and energy; an agency that can combine local expertise with an international reach; and a knowledgeable, experienced team that you will enjoy working with and can trust, choose Royal Estates.