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142B Beacon Road, Great Barr, Birmingham, West Midlands B43 7BN

Key features

  • One bedroom first floor flat let at £650 per calendar month
  • Instant returning investment
  • Very popular residential location
  • Walking distance to local amenities
  • Well connected by public transport into the centre of Birmingham
  • Professional tenant
  • UPVC double glazed windows
  • Long leasehold of 120 years from January 2020

Description

For Sale by Public Auction on 24th June 2026 at Bramall Lane Stadium, Sheffield S2 4SU Commencing 10am.
In room, online, telephone and proxy bidding available. Pre-registration essential.

A one bedroomed first floor flat rented to a professional tenant paying £650 per calendar month (£7,800 per annum), representing an attractive yield of 14.18% against guide price.

Accessed from a rear private entrance and including a hard standing parking area and rear garden.

Comprising of bedroom, inner hall, bathroom with bath and having shower over, pedestal wash basin and W.C, Kitchen, Lounge, Gas Central heating

The property is situated over a parade of shops, set back from Beacon Road behind a service road and forms part of a popular residential area. Beacon Road leads directly off Queslett Road which leads off Walsall Road (A34). The flat benefits from UPVC double glazed windows.

Private rear access from shared driveway, external stairs to:

Outside - Rear garden and parking spaces

Peppercorn Ground rent
Service charge £400pa

Leasehold Information - 142B Term - 120 years from and including 1 January 2020 and to and including 31 December 2139. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Leasehold

EPC Rating: C

Terms:
Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £1,500 inc. VAT

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 

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.
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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.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

142B Beacon Road, Great Barr, Birmingham, West Midlands B43 7BN

Approximate location

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Affordability

Monthly repayments£276
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About BTG Eddisons Property Auctions, Nationwide

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Disclaimer - Property reference 202606051512sq_urww. 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 BTG Eddisons Property Auctions, Nationwide. 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 BTG Eddisons Property Auctions, Nationwide on 03456 462288.

*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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