28 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Freehold Investment Opportunity - Purpose Built Block containing 14 Flats
- 27/03/2024
- Birmingham
Freehold Investment Opportunity - Purpose Built Block containing 14 Flats
Property for auction on 27th March at 13:00at Avery Fields, 79 Sandon Rd, Birmingham B17 8DT - Public Auction including Live Stream & Telephone Bidding.
Accommodation:
We understand that the total floor area in respect of the residential accommodation is approximately 7,798 sq ft. There are seven flats on the first floor and seven flats on the second floor. All flats are finished to a similar specification to include kitchens.
with integrated electric ovens, hood and hobs and fitted with wall and base units. Bathrooms are all fitted to a similar modern standard with some bedrooms, having ensuite bathrooms.
Flat type A 6 No. flats with two bedrooms and two bathrooms each have a floor area of 52.15 sq m (561 sq ft).
Flat type B 8 No. flats with two bedrooms and one-bathroom have a floor area of 51.47 sq m (554 sq ft). The GIA for the 14 flats is 725.27 sq m (7,798 sq ft).
Council Tax: All Apartments are Band A
Schedule of Rental Income
Tenure:
The property is held freehold under title number WM841698.
The ground floor retail units are all subject to long leases for terms of 999 years at peppercorn ground rents. Refer to the legal documents for exact lease terms.
Legal Documents:
Available at
Completion:
56 Days from exchange of contracts or sooner by mutual agreement.
Viewings:
Via Cottons -[use Contact Agent Button]
3 ColumnsColumn 1Column 2Column 3ApartmentRent PCMTenant1£600Private Individual2£700Aspect Housing Limited3£575Private Individual4£615Private Individual5£600Private Individual6£600Private Individual7£600Private Individual8£700Aspect Housing Limited9£650Private Individual10£700Aspect Housing Limited11£700Aspect Housing Limited12£700Aspect Housing Limited14£650Private Individual15£700Aspect Housing LimitedTotal Rental Income£9,090£109,080 pa
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Broadband availability and predicted speed: obtained from Ofcom on March 10, 2022
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 10, 2022
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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
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