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37a & 37b Burnel Road, Selly Oak, Birmingham, B29 5SW

Lot no: 89 Sold at Auction for £138,000
 

Guide Price £100,000 - £115,000 plus fees


Thursday 23rd February 2017

11.00am
Key Features
  • A Freehold Residential Investment Property, converted into two units
  • Current Gross Income: £12,600 pa.
  • EPC Rating: D
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Sold at Auction for £138,000

End of terrace house

Property Description:

An end of terrace property, which has been converted into two self-contained units.

37a - Ground Floor:

Reception Room, Kitchen, Lobby, Bedroom, Shower Room/WC.

37b - First Floor:

Hall on the ground floor. Landing, Reception Room incorporating Kitchen with Boiler/Utility Cupboard off, Bedroom, Shower Room/WC.

Outside:

Front Garden used by 37b and Rear Garden used by 37a. 37b benefiting from having off-road parking.
Each property benefits from having a gas fired central heating system and the majoirty of the windows are UPVC double glazed units.

Tenure:

We understand that the property is Freehold and is being sold subject to the existing tenancies.

Tenancy Details:

Both properties are let on Assured Shorthold Tenancies, at a rental figure of £525 per calendar month exclusive each - £12,600 per annum.

Auctioneers Note:

The electric is paid by the Landlord and repaid by the Tenants via a coin meter. Gas and other utilities bills are payable by each Tenant.

Viewings:

See viewing schedule.

Tenure:

Freehold. Subject to tenancy.