10 bed block of flats for sale

49 Upland Road, Selly Park, Birmingham, West Midlands B29

Guide Price = £560,000 - £580,000

Property for auction on 9th December at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A substantial and imposing period residential property of traditional masonry construction, having rendered and painted elevations incorporating decorative mock timber detailing, prominent bay windows and pitched tiled roofs.

Originally constructed as a detached residence, the property has subsequently been extended, altered and subdivided to provide ten residential flats, arranged over ground, first and second floor levels, together with ancillary cellar accommodation. Parts of the building would benefit from some modernisation.

The property is situated behind a driveway providing off-road parking and occupies a generous plot extending to approximately 0.29 acres (1,190 sq m), benefiting from substantial mature gardens to the rear.

Upland Road forms part of the highly regarded residential suburb of Selly Park, characterised by substantial period dwellings and established residential surroundings. The property is situated within the Selly Park Conservation Area and conveniently located approximately 0.2 miles from Pershore Road (A441), 0.5 miles from Bristol Road (A38) and 0.7 miles from Selly Oak Railway Station.

The property is also conveniently situated for the University of Birmingham, Queen Elizabeth Hospital and the wider amenities of Selly Oak, providing an established letting location popular with students, postgraduates and working professionals.

Total Gross Income & Expenditure:
All flats are let on Assured Periodic Tenancies
Gross Income: £67,380 per annum.
Note:
The landlord currently incurs certain utility costs, including electricity for heating of flats and water charges. Other electricity consumption is understood to be separately metered and paid for

by the respective tenants, who are also responsible for gas consumption where individual gas supplies are provided.

The existing rental levels are considered to offer potential for future increases upon review, subject to the relevant tenancy terms.

Accommodation
Accommodation, Rental and EPC Information:

Ground Floor:
Communal Entrance Hallway providing access to flats and upper floors.

Flat 1: Living/Bedroom/Kitchen Studio, with private Shower Room and WC located on the first floor. Rental: £565 pcm. EPC Rating: C (71).

Flat 2: Living/Bedroom Studio and Kitchen, with private Shower Room and WC located on the first floor. Rental: £565 pcm. EPC Rating: E (40).

Flat 3: Living/Bedroom Studio, Kitchen and Shower Room with WC. Rental: £585 pcm. EPC Rating: E (50).

Flat 4: Living Room with Kitchen off, Bedroom and En-Suite Shower Room with WC located on the first floor. Rental: £440 pcm. EPC Rating: C (71).

Flat 1A: Self-contained Living/Bedroom/Kitchen Studio with Shower Room and WC. Rental: £595 pcm. EPC Rating: E (49).

Flat 2A Self-contained Living/Bedroom/Kitchen Studio with Shower Room and WC. Rental: £445 pcm. EPC Rating: E (43).

Flat 2B: Self-contained Living/Bedroom Studio, Kitchen and Shower Room with WC. Rental: £610 pcm. EPC Rating: C (69).

First Floor:
Communal Landing and Staircase. Private Shower Rooms and Bedroom accommodation serving Flats 1,2 and 4 as described above.

Flat 5: Living Room/Kitchen, Bedroom and En-Suite Shower Room with WC. Rental: £610 pcm. EPC Rating: D (65).

Flat 6: Living Room/Kitchen and Shower Room with WC, with Bedroom accommodation on the second floor. Rental: £550 pcm. EPC Rating: E (40).

Flat 7: Living Room/Kitchen and Shower Room with WC, with Bedroom accommodation on the second floor. Rental: £650 pcm. EPC Rating: D (56).

Second Floor:
Stairs and Landing providing access to the respective Bedrooms serving Flats 6 and 7. Basement:
Cellar Room with smaller ancillary room off.

Outside:
Front: Driveway providing off-road parking.
Rear: Substantial mature rear gardens, predominantly laid to lawn with established trees and boundary vegetation.

Gross Internal Area: Approximately 447 sq. Metres.

Total Site Area: Approximately 0.294 acres (1,190 sq m).

Council Tax: All Flats Band A

Legal Documents:
Available at

Viewings: Via Cottons .

Completion Date:
56 days from Exchange of Contracts.