Guide price
£50,000
1 bed flat for saleFlat 3, 316 Hagley Road, Edgbaston, Birmingham, West Midlands B17
1 bed
1 bath
EPC Rating: C
- Auction
- Leasehold
Cottons Auctions
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About this property
Guide Price = £45,000 - £50,000
Property for auction on 10th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A first-floor flat set within a purpose built three storey development with a pitched tile roof. The property is well presented with modern bathroom fitments and benefiting from gas fired central heating.
The development is well located in a convenient location on the corner of Hagley Road (A456) and Meadow Road, within the highly regarded Calthorpe Estate, approximately 570 metres from Bearwood Road Shopping District, approximately 2 miles from Five Ways Train Station and 3 miles from Birmingham City Centre.
The property let on a Statutory Periodic (rolling) Tenancy Agreement paying a rental income of £550pcm (£6,600 per annum). The existing tenant has been in occupation of the property since 23rd August 2019. No rent review has been implemented since the tenant took occupation.
Accommodation:
Flat Hallway, Living Room (5.32m x 2.03m), Kitchen (2.14m x 1.58m), Bedroom (2.77m x 2.05m), Bathroom having bath with shower over, wash basin and WC.
Communal Areas - Secure communal entrance, gardens and residents communal parking, accessed off Meadow Close.
Lease
99 years from 25th December 1977.
Ground Rent
Please refer to legal pack.
Service Charges
The development is managed by the freeholders, Citizen Housing Association. Please refer to the legal pack for service charge information.
EPC Rating: C
Council Tax Band: A
Legal Documents: Available at
Viewings: Contact Cottons
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More information
Tenure
Leasehold (51 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review