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House for sale

Stratford Road, Birmingham, B11

POA

Property Description

Key features

  • 11 x Bed HMO
  • Two Commercial Premises
  • Potential Income c50,000 pcm
  • In need of modernisation
  • All Offers Considered

Full description

Tenure: Freehold

John Shepherd are proud to offer to the market this superb investment opportunity set on the Stratford Road.

The property consists of two let Commercial Units on the ground floor and a further 11 bedrooms over the ground, first and second floors.

The property is in need of modernisation, having had an element of fire damage. Historically the vendors have been using the building as a HMO and therefore have been achieving in the region of £3,300 pcm (approximately £40,000 per annum).

The Commercial Units are currently deriving;

148 Stratford Road - £530 pcm (£6,360 pa)
150 Stratford Road - £530 pcm (£6,360 pa)

Therefore, the fully let property could derive in excess of £50,000 per annum.

Due to the nature of the fire damage the building is available for viewings, but we would recommend reading the below comments contained in our Safety On Site Paragraph;

Safety on Site :

Any prospective purchaser viewing the site should be especially careful and vigilant when making their inspection of the land/ buildings for their own personal safety. The ground may be uneven and may contain debris/ foliage, furthermore the site is located near to existing dwellings so will have vehicular access at all times throughout the day and night.

Interested viewers must take care, and therefore, no children or pets to be allowed onto the premises. Neither the vendors nor their agents (Joint/ Sole or Multi) accept any responsibility or liability for personal injury caused to individuals or any third party whilst on the premises.

Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.

Agents Note: We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate.

Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.

Tenure: The property is Freehold with vacant possession upon completion of the purchase.

Services: All mains services are connected to the property.

Local Authority: Birmingham City Council.

In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all of our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history. You understand that we will undertake a search with Experian for the purposes of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.,To complete our quality service, John Shepherd is pleased to offer the following:-

Free Valuation: Please contact the office on to make an appointment.

Residential Lettings and Management: If you are interested in letting out your property or are considering renting a property, please contact .

Professional Survey Department: If this property should not meet your requirements and you decide to purchase a property not marketed by ourselves, we would be delighted to offer our professional services to you should you require an independent survey on the property you intend to purchase. We offer a full range of professional surveys including the RICS Home Buyers' Survey and Valuation Reports, and full Building Surveys. For professional survey and valuation advice therefore, please do not hesitate to contact our Survey Department on .

John Shepherd Conveyancing: Very competitive fixed price rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details or go to

Financial Services: John Shepherd Estate Agents works with Lomond Mortgage Services offering face to face mortgage advice to suit your needs. LMS are part of one of the UK's largest award winning mortgage brokers and can offer you expert mortgage advice, searching over 11,000 different mortgages from 90+ lenders to find the right deal for you. Please contact Matthew Tyler at our Solihull office on for further details or to arrange a free appointment.



Listing History

Added on Rightmove:
17 June 2019

Nearest stations

  • Bordesley (0.6 mi)
  • Small Heath (0.8 mi)
  • Birmingham Moor Street (1.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

John Shepherd, Shirley

380 Stratford Road Shirley Solihull B90 4AQ

0121 396 0633 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

John Shepherd, Shirley

380 Stratford Road Shirley Solihull B90 4AQ

0121 396 0633 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bordesley (0.6 mi)
  • Small Heath (0.8 mi)
  • Birmingham Moor Street (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Shepherd, Shirley

380 Stratford Road Shirley Solihull B90 4AQ

0121 396 0633 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference JSL190097. 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 John Shepherd, Shirley. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.