5 bed block of flats for sale

57 Stirling Road, Edgbaston, Birmingham, Birmingham B16

Guide Price = £350,000 - £375,000

Property for auction on 25th February at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A residential investment opportunity comprising of a freehold mid-terraced former dwelling house of three storey traditional brick construction surmounted by a pitched tile clad roof, long established as a flat conversion and containing five separate self-contained flats each benefitting from separate gas and electricity meters, mains fitted fire panel with emergency lighting and mostly UPVC double glazed windows.

The property forms part of an established residential area and Stirling Road contains a range of similar dwelling houses, many of which have been converted into flat accommodation. Stirling Road leads off Hagley Road providing ease of commute into the City Centre either by car or public transport, which is within approximately 1 miles to the East.

Tenancy Information:
All flats are let in assured shorthold tenancies at the following rentals:
Flat One: £600 per calendar month
Flat Two: £595 per calendar month
Flat Three: £500 per calendar month
Flat Four: £600 per calendar month
Flat Five: Currently vacant previous rent £750 per calendar month
Total Rental Income: £2,295 p.c.m. (£27,540 p.a.)
Total Rental Income (when fully let): £3,045 p.c.m. (£36,540 p.a.)

Accommodation
Ground Floor:
Communal Reception Hall, Cellar: 4.67m x 3.63m with Two Rooms.
Flat One: Lounge/Kitchen: 5.11m x 4.05m with range of modern fitted units, Bedroom: 4.51m x 3.47m, Shower Room: 1.90m x 1.41m with glazed shower enclosure, wash basin and wc. Heating: Gas Fired Central Heating.
Flat Two: Entrance Hall, Kitchen: 1.89m x 1.8m with range of modern fitted units, Lounge:3.60m x 3.41m, Bedroom: 3.44m x 2.26m, Lobby/Utility Room, Shower Room: 1.98m x 1.52m, with glazed shower enclosure, vanity wash basin and wc. Heating: Gas Fired Central Heating.

First Floor:
Stairs and Landing
Flat Three:Reception Hall, Bathroom: 2.00m x 1.49m with panel bath, pedestal wash basin and wc, Kitchen: 2.61m x 1.57m, Lounge: 3.58m x 3.19m, Bedroom: 3.61m x 2.24m max. Heating: Independent Gas Fire
Flat Four: Lounge: 5.16m x 4.21m, Kitchen: 3.99m x 1.79m with range of modern fitted units, Bedroom: 4.20m x 3.66m, Shower Room: 1.50m x 1.83m with glazed shower enclosure, vanity wash basin and wc. Heating: Gas Fired Central Heating.

Second Floor
Flat Five: Stairs to Landing, Lounge: 5.05m x 3.62m, Kitchen: 3.64m x 2.42m with range of modern units, Bedroom: 4.08m x 2.43m, Shower Room: 2.95m x 1.65m with glazed shower enclosure, vanity wash basin and wc. Heating: Electric Storage Heating.

Outside:
Front: Walled fore garden
Rear: Shared pedestrian entry access, yard and enclosed garden

Council Tax: All Flats are Band A

EPC Rating: Flat 1: Commissioned, Flat 2 C (69), Flat 3: C (70), Flat 4: B (81), Flat 5: D (57)

Legal Documents: Available at

Viewings: Refer to viewing schedule online.