Terraced
The accommodation is spread over three floors, however the Auctioneers are unable to provide any further description, owing to the extensive repair and refurbishment required to the property.
Please note that no offers will be accepted prior or post to the Auction.
The property will be sold on the understanding that the 10% deposit must be paid by a Banker’s Draft made payable to CPBigwood Ltd. No other means of payment will be accepted and failure to do so will result in the property being re-offered for Sale.
In addition to the purchase price, the purchaser will be required to pay the Council’s professional fees of £1,000.
The property maybe suitable for refurbishment as a single house or conversion to self-contained apartments, there is also potential to maintain a commercial element to the ground floor, subject to obtaining the necessary planning consents. It is located within the Lozells and Soho Hill Conservation Area and this will be a factor when planning applications are considered. Initial planning enquiries can be made to Mike Stackhouse at Birmingham City Council on 0121 303 3677.
A derelict end terraced former mixed use property, in need of extensive repair and refurbishment.
Residential Vacant Possession
A Vacant Leasehold Derelict End Terraced Property
We understand that the property is Leasehold, subject to a new 125 years Lease, at a peppercorn ground rent and an obligation for the purchaser to complete the conversion and refurbishment works bringing the property into occupation within 18 months. Vacant possession will be given upon completion.
No internal viewings will be possible owing to its derelict condition.
