3 bed block of flats for sale

488 Warwick Road, Tyseley, Birmingham, West Midlands B11

Guide Price = £165,000 - £175,000

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

Property Description:
A long established residential investment opportunity comprising a converted former dwelling house containing three separate flats and and of traditional two-storey brick construction surmounted by a pitched tile clad roof and occupying an elevated position set back from Warwick Road behind a walled foregarden.

The property forms art of a traditional mixed-use area predominantly containing terraced housing surrounded by a range of industrial and commercial premises with convenient access via Warwick Road (A41) to both Sparkhill Shopping Centre and Acocks Green Shopping Centre.

Tenancy Information:
Flat One (First Floor): Rent: £495 per calendar month
Flat Two (Ground Floor Front): Rent: £400 per calendar month
Flat Three (Ground Floor Rear) : Rent: £350 per calendar month
Total Rental Income: £1,245 per calendar month (£14,940 per annum)
Note: Each tenant pays all outgoings including council tax, water, electricity and gas (if applicable)

Accommodation:
Ground Floor:
Shared Reception Hall
Flat Two (Front): Entrance Hall, Lounge/Kitchen, Bathroom, Bedroom. Heating: Independent gas fire heating.
Flat Three (Rear Studio Flat): Bed/Living Room with Kitchenette and bathroom. Heating: Electric heating.

First Floor:
Flat One: Stairs and Landing, Lounge, Bedroom, Kitchen and Bathroom. Heating: Gas fired central heating.

Outside:
Front: Walled fore garden
Rear: Garden

Council Tax: All Flats are Band A

EPC Rating:
Flat One: E (39), Flat Two: D (57), Flat Three: E (39)

Legal Documents:
Available at

Viewings: Refer to viewing schedule online.