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6 Bedroom HMO, Detached, Edgbaston, B17 8LN

City Road, Birmingham, UK

Auction Starts

December 17, 2019 12:00 pm

Auction Ends

December 19, 2019 3:00 pm

(Unless Sold Prior)

  • To do so, please contact the auction team and put forward your absolute best bid. As you are asking the seller to close the auction early your offer should be very strong, at the top end or above the guide price. If all terms are agreed, the purchase will adhere to auction rules and terms of the sale.

Guide Price

£ 450,000+

(Fees Apply)
The sale of this lot is subject to an auction administration fee, the greater of £2,500 + VAT or 1.75% +VAT of the purchase price.
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  • Freehold
  • 6 Bedrooms
  • 1 Reception Room
  • 6 Bathrooms
  • HMO Licence
  • Investment Property
  • Driveway
  • Garage
Trinity Property
01384 213395

21 Wolverhampton Street, Dudley, DY1 1DB

  • Freehold
  • 6 Bedrooms
  • 1 Reception Room
  • 6 Bathrooms
  • HMO Licence
  • Investment Property
  • Driveway
  • Garage
Trinity Property
01384 213395

21 Wolverhampton Street, Dudley, DY1 1DB

532 City Road, Edgbaston, Birmingham B17 8LN

Guide Price - £450,000+

A FREEHOLD HMO RESIDENTIAL INVESTMENT PRODUCING A GROSS INCOME OF £32,400 Per Annum

 

Property Description

Brilliant investment opportunity. We are pleased to offer this 6 bedroom detached property. With garage and adjoining office/room. Currently operating as a HMO. The property offers 6 rooms all with ensuits, there is a communal Kitchen, lounge and dining room for all tenants to use. The property is central heated and part double glazed. To the rear you have a patio that leads to a garden area. The property is currently fully tenanted and currently achieving £2700 per month.

 

Energy Performance Rating

See Legal Pack

 

Auctioneers Note

The deposit for exchange of contracts on this property is 5% subject to a minimum of £5,000.

The completion period for this property is 8 weeks (56 days)

 

Starting Bid and Reserve Price

*The Reserve Price is the minimum price at which the auctioneer is authorised to sell the lot at auction which is generally no more than 10% in excess of the guide price. The lot may be sold to the highest bidder at or above the Reserve Price but the auctioneer is not authorised to accept a bid below the Reserve Price. Reserve prices are subject to change up to the date of the auction. Please note that Lots may be withdrawn prior to the end of auction

 

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.

No floor plan added.
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