Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: N/A
Key Features: • Buyer pays a fee of 2% including VAT upon acceptance of an offer • Large freehold investment opportunity • Victorian terrace with flexible layout • Currently arranged as main house plus separate flat • Annex (5A) on separate title • Potential for up to six bedrooms across the site • Requires full modernisation throughout • Scope to reconfigure into multiple units (STPP) • Registered under Birmingham City Council selective licensing • Ideal for investors, developers or experienced buyers
Location: • Nearest Station: Soho, Benson Road Tram Stop • Distance to Station: 0.830986624388061 miles
Agent Information: • Address: Charlies Cottage 1b Burton Road, Twycross, CV9 3PR
Full Description: <p>The main dwelling is a Victorian terrace currently arranged with two reception rooms, kitchen and ground floor bathroom, with two bedrooms to the first floor. In addition, part of the property has been divided to create a separate one-bedroom flat, offering flexible options to reconfigure into a larger family home or multiple units (subject to relevant permissions).</p><p>To the rear, and held under a separate title (5A), is a self-contained annex comprising a kitchen, living room, bathroom and two bedrooms. This significantly enhances the overall footprint and potential of the site.</p><p>In total, the combined accommodation offers the potential for up to six bedrooms, or alternatively, a variety of reconfiguration options depending on the buyer’s strategy.</p><p>Please note, the property is located within an Article 4 area, which restricts certain permitted development rights, including changes to HMOs. The property is currently registered under Birmingham City Council selective licensing, and buyers should make their own enquiries regarding transferability.</p><p>This is an ideal project for those seeking a high-yield investment or redevelopment opportunity in a well-established residential area.</p><p>PC: Both properties rated E<br />Council Tax: Currently registered as three properties (all Band A)<br />Tenure: Freehold<br /> <br /> Agent Notes<br />Buyer pays a fee of 2% including VAT upon acceptance of an offer<br />Buyers must make their own enquiries regarding mortgage suitability prior to paying the fee<br />Once the fee is paid, the aim is to exchange contracts within 56 days (some flexibility may be available)</p><p> </p>