Handsworth Wood Road, Birmingham, West Midlands, B20 2DH
- SIZE
7,050 sq ft
655 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Mostly Tenanted (15 of 19)
- 17 Flats and 2 Bedsits Overall
- Ideal Long-Term Investment
- Three Detached Residencies
- Double Glazed Windows Throughtout
- Three Storey Buildings
- Mixed Electric and Gas Heating
- Off-Road Parking on Driveway
- Communal Rear Gardens
Description
We are pleased to introduce for auction three detached residencies converted into 17 flats and 2 bedsits.
A great opportunity for serious investors to purchase three detached residencies in a leafy and popular suburb of North-West Birmingham has now become a reality!!
Comprising of 17 flats/studios and 2 bedsits, these imposing properties certainly have kerb-appeal and owning such would certainly be fulfilling a lifelong ambition for someone.
For those of you who enjoy architectural features, these three properties have expansive and welcoming hallways, high ceilings with original features and sweeping staircases to first and second floors.
All three properties have expansive frontages which have been converted into off-road parking for several cars outside each individual residence and have mature communal and tranquil gardens to the rear.
Starting Bids of £2,250,000 for this once in a lifetime opportunity for serious investors!
Please Note:
All area sizes are taken from the independently commissioned Energy Performance Certificates. Individual rooms (not communal areas) have been measured and are available on request and all internal photographs are of only vacant units respecting the privacy of the current occupying tenants.
Please note we have not inspected this property.
Location
Handsworth Wood Road is a residential street in the Handsworth district of Birmingham, England. It offers easy access to local amenities, including shops, schools, and parks, making it an appealing choice for families. The area is well-connected by public transport, providing convenient links to Birmingham city centre and surrounding neighbourhoods.
Accommodation: 41
Comprises of:- 4 x 1 bedroom flats/1 x studio flat
Ground Floor (flat 1): Size: 30m2
1 bedroom flat
Taken deposit for rent of £675.
Ground Floor (flat 2): Size: 38m2
Studio flat
Rent: £500.00
First Floor (flat 3): Size: 34m2
1 bedroom flat
Rent: £750.00
First Floor (flat 4): Size: 37m2
1 bedroom flat
Rent: £700.00
Attic Flat (flat 5): Size: 41m2
1 bedroom flat
Rent: £775.00
Total Approximate Size: 180m2 or 590ft2
Current Rent Received: £3,400.00 p.c.m. or £40,800 p.a. (occupied units only)
Accommodation: 43
Comprises of:- 3 x 1 bedroom flats/2 x studio flats/1 x 2 bedroom flat
Ground Floor (flat 1): Size: 40m2
Studio flat
Rent: £650.00
Ground Floor (flat 2): Size: 36m2
1 bedroom flat
Rent: £700.00
First Floor (flat 3): Size: 20m2
Studio flat
Rent: £650.00
First Floor (flat 4): Size: 39m2
1 bedroom flat
Rent deposit taken for £850.
First Floor (flat 5): Size: 44m2
1 bedroom flat
Rent: Vacant
Attic Flat (flat 6): Size: 41m2
2 bedroom flat
Rent: £750.00
Total Approximate Size: 220m2 or 722ft2
Current Rent Received: £3,600.00 p.c.m. or £43,200 p.a. (occupied units only)
Accommodation: 45
Comprises of:- 6 x 1 bedroom flats/2 x bedsits
Ground Floor (flat 1): Size: 33m2
1 bedroom flat.
£675
Ground Floor (flat 2): Size: 36m2
1 bedroom flat.
£750
Ground Floor (flat 3): Size: 26m2
1 bedroom flat.
£675
First Floor (flat 4): Size: 30m2
1 bedroom flat (mezzanine).
£575
Attic Flat (flat 5): Size: 59m2
1 bedroom flat.
£750.
First Floor (flat 6): Size: 32m2
1 bedroom flat
Rent: Vacant
First Floor (room 7): Size: 22m2
Bedsit
Rent: £500.00
First Floor (room 8): Size: 16m2
Bedsit
Rent: Vacant
Shower room
Current Rent Received: £3,925.00 pcm or £47,100 p.a. (occupied units only)
Total Rents Received: £10,925.00 pcm or £131,100 p.a. (occupied units only)
Tenure
3x freehold titles. Title numbers WK168004, WM474832 & WM545890.
Council Tax
All flats band A.
EPC
All available upon request.
Flat 1, 41: Rating E
Flat 2, 41: Rating D
Flat 3, 41: Rating D
Flat 4, 41: Rating D
Flat 5, 41: Rating D
Flat 1, 43: Rating D
Flat 2, 43: Rating E
Flat 3, 43: Rating E
Flat 4, 43: Rating D
Flat 5, 43: Rating D
Flat 6, 43: Rating E
Flat 1, 45: Rating D
Flat 2, 45: Rating E
Flat 3, 45: Rating E
Flat 4, 45: Rating E
Flat 5, 45: Rating E
Flat 6, 45: Rating D
Flat 7, 45: Rating E
Flat 8, 45: Rating D
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Handsworth Wood Road, Birmingham, West Midlands, B20 2DH
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 458197. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Auction- National Auctioneer. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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