This property is no longer on the market
Mixed use
Property description & features
- Livestream Auction: 11/07/2024
- Bidding Registration Required
- Viewings Via Appointment
An ideal opportunity to purchase an existing HMO comprising6 rented rooms with a gross income of £34,140.
The property comprises a 2 storey mid terraced multi roomeddwelling which is presented in good condition and situated in a popular andsought after location in the Erdington area of Birmingham close to allamenities and transport services to Birmingham City centre.
All rooms have separate Shower Rooms with W.C and there is acommunal Lounge/Kitchen Diner.
Ground Floor
Room 1 Let on a 6 months Assured Shorthold Tenancy from 28/7/22 (rolling over) at £430 pcm, the Shower Room for this Room is across the Hallway.Room 2 Let on a 6 months Assured Shorthold Tenancy from 8/11/22 (rolling over) at £460 pcm Room 3Let on a 6 months Assured Shorthold Tenancy from 14/6/23 (rolling over) at £495 pcm
First Floor
Room 4 Let on a 6 months Assured Shorthold Tenancy from 16/1/24 (rolling over) at £460 pcmRoom 5 Let on a 6 months Assured Shorthold Tenancy from 28/2/22 (rolling over) at £450 pcmRoom 6 Let on a 6 months Assured Shorthold Tenancy from 11/4/24 at £550 pcm
Viewing
By appointment through Auctioneers on[use Contact Agent Button]
Additional Fees
Buyer's Premium - 1% plus vatAdministration Charge - £1200 inc VAT payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Tenure: Freehold
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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
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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: obtained on October 9, 2020 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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