Handsworth Wood Road, Birmingham, West Midlands, B20 2DH

Property Details: • Type: 7,050 sq ft • Tenure: N/A • Floor Area: N/A

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

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Mercantile House Silverlink, Wallsend, NE28 9NY

Full Description: *For sale via secure sale online bidding: terms and conditions apply.*

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.LocationHandsworth 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: 41Comprises 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: 43Comprises 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: 45Comprises 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)Tenure3x freehold titles. Title numbers WK168004, WM474832 & WM545890.Council TaxAll flats band A.EPCAll 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 DAdditional InformationFor 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 CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.Auctioneers Additional CommentsYour details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

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.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.Auctioneers Additional CommentsIn 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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.BrochuresBrochure