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74-76 High Street, Coleshill, Warwickshire, B46 3AH

PROPERTY TYPE

Block of Apartments

BEDROOMS

13

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Guide Price = £570,000 - £600,000

Property for auction on 10th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A substantial residential investment opportunity comprising a pair of interlinked Grade II listed period Georgian buildings known as 74 and 76 High Street with access provided via an archway which leads off High Street to both the communal entrance hall and five residents parking spaces located in a car park to the rear having vehicular access from Parkfield Road.

The building is of traditional three storey brick construction surmounted by a pitched tile clad roof and the property is laid out to provide a total of eleven separate flats comprising two studios, seven x 1 bedroom and two x 2 bedrooms units benefitting from separate electricity meters (no gas).

The property forms part of the historic North Warwickshire Town of Coleshill directly fronting High Street (B4117) within close proximity to a wide range of retail amenities, restaurants, bars and services and the town is popular with commuters being within easy access to both the M42 and M6 Motorways. Birmingham International Airport/Railway, the NEC, the City of Birmingham and Solihull.

Renal Income:
All flats are let on Assured Shorthold Tenancies as follows:
76 High Street - Rental £635 pcm (£7,620 pa)
Flat 1 - 74/76 High Street - £645 pcm (£7,740 pa)
Flat 2 - 74/76 High Street - £425 pcm (£5,100 pa)
Flat 3 - 74/76 High Street - £540 pcm (£6,480 pa)
Flat 4 - 74/76 High Street - £500 pcm (£6,000 pa)

Flat 5 - 74/76 High Street - Vacant (previously let £650 pcm)
Flat 6 - 74/76 High Street - £475 pcm (£5,700 pa)
Flat 7 - 74/76 High Street - £495 pcm (£5,940 pa)
Flat 8 - 74/76 High Street - £580 pcm (£6,960 pa)
Flat 9 - 74/76 High Street - £600 pcm (£7,200 pa)
Flat 10-74/76 High Street - £640 pcm (£7,680 pa)
Outside Store - £160 pa (Let on a Licence)

Total Rental Income - £74,380 pa (when fully let)

Note: The Tenants are responsible for all outgoings and a Schedule of Tenancies and Tenancy Agreements will be available in the legal pack.

Accommodation
Ground Floor
Communal Entrance Hall
Flat 76 High Street:
Hallway, Living Room/Kitchen, Bathroom and WC, Bedroom
Flat 9 - 74/76 High Street:
Hallway, Living Room/Kitchen, Bathroom and WC, Bedroom
Flat 10 - 74/76 High Street::
Hallway, Living Room/Kitchen, Bathroom and WC, Bedroom

First Floor
Stairs and Landing,
Flat 1 - 74/76 High Street::
Hallway, Lounge, Bathroom, Kitchen, 2 Bedrooms
Flat 2 - 74/76 High Street: (Studio)
Bed/Living Room with Kitchen, Separate Bathroom off landing with WC.

Flat 3 - 74/76 High Street::
Hallway, Lounge, Kitchen, Bathroom with WC, Bedroom
Flat 4 - 74/76 High Street::
Hallway, Lounge, Bedroom, Kitchen and Bathroom with WC

Second Floor
Stairs and Landing
Flat 5 - 74/76 High Street::
Hallway, Lounge, Kitchen, 2 Bedrooms, Bathroom with WC
Flat 6 - 74/76 High Street::
Bed/Living Room with Kitchen, Bathroom with WC
Flat 7 - 74/76 High Street::
Hallway, Lounge, Kitchen, Bedroom, Bathroom with WC
Flat 8 - 74/76 High Street::
Hallway, Lounge with Kitchen, Bedroom, Bathroom with WC

Outside:
Pathway to residents car parking area located off Parkfield Road containing five designated spaces.

Council Tax Band All Flats - A
EPC Rating Flat 2 & 6 - C, Flats 1,3,4,5,7,8,9,10 - D, Flat 76 High Street - E

Legal Documents
Available at

Viewings Via Cottons

Brochures

General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal Documents
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.
Band: A
LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
Listed
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
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

74-76 High Street, Coleshill, Warwickshire, B46 3AH

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Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL

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Disclaimer - Property reference 305310. 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 Cottons, Auctions. 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 Cottons, Auctions on 0121 387 6518.

*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.”

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