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Ludgate Court, 191 Lakes Road, Birmingham, West Midlands, B23 7UH

Sold for for £935,000.
 

Guide Price in excess of £800,000 plus fees


Thursday 8th September 2016

11.00am
Key Features
A Complete Block of 12 Two Bedroomed Apartments<1mm/> Current Gross Income: £70,500 pa.
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Sold for for £935,000.

Block of Apartments

Auctioneers Note (No Number)

Many of the Tenants have been in occupation for some time and it must be noted that recent lettings have been at £550 per calendar month and therefore the potential gross income is £79,200 per annum.

Bedrooms (Rightmove)

24

Is Preliminary Lot

False

Property Description

An unsplit block of 12 two bedroomed apartments, situated in a detached three storey block, which stands in communal gardens behind a gated entrance, which provides communal parking.

Property Type

Residential Investment

Tag Line

A Complete Block of 12 Two Bedroomed Apartments
Current Gross Income: £70,500 pa.

Tenure

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

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: