Property Auctions - buy to let

Auction date: Wed, 16/02/2022 - 13:00

A large 3 bed semi detached property located in the postcode of L11 with driveway for 3 cars and garage. Being sold with tenant in situ on AST of £525pcm but following a rent review, could achieve in the region of £750pcm. Ideal to be continued as a buy-to-let investment or owner occupier.  Accommodation comprises: porch, hallway, 2 reception rooms and kitchen downstairs.  Upstairs provides 3 bedrooms and family bathroom.  Outside is a gated driveway for 3 cars, garage and garden to the front.  To the rear is a flagged area and garden.

Auction date: Wed, 16/02/2022 - 13:00

A three bedroom end terraced property situated on a corner plot within a quiet cul-de-sac. Sold with tenant in situ on an AST of £525pcm - following a scheme of light refurbishment, rent could be increased to circa £700pcm/£8,400pa. The accommodation briefly comprises: entrance hall, through lounge/dining room and kitchen downstairs, three bedrooms and family bathroom upstairs. Outside is a garden to the side of the property and  space for parking within the cul-de-sac.  The property has gas central heating double glazing throughout.

Auction date: Wed, 16/02/2022 - 13:00

A large two bedroomed ground floor flat located in a quiet residential close. Recently renovated to provide a turnkey investment, ideal for a buy to let investment, those downsizing or for first time buyers. Accommodation comprises: communal entrance, open hallway, modern kitchen, large lounge, two bedrooms and bathroom.  In addition, there is a separate storage room within the communal hallway.  Outside provides well maintained gardens to the rear and parking bays to the front.  It benefits from double glazing, central heating and secure intercom entry system. 

Auction date: Wed, 16/02/2022 - 13:00

A turn key investment opportunity with refurbished 5 bedroom HMO in a popular rental area . The bedrooms are all doubles and finished to a good standard, all with modern en-suite shower rooms.  Accommodation also includes two fully fitted kitchens, communal lounge area and benefits from full double glazing and central heating.  The property is being sold fully tenanted on AST’s providing a rental income of £1668.33pcm/£20,019.96.

Auction date: Wed, 16/02/2022 - 13:00

A mixed-use investment opportunity across 3 floors in the busy retail area of County Road L4. The commercial unit is used as an established curtain retailer on a lease of £400pcm and comprises front retail area, two rear work rooms/storage, kitchenette and w.c. at rear. With separate access, the flat is set across two floors and could be re-configured to maximise space subject to planning. It currently comprises open plan kitchen/dining room, large lounge and bathroom to the first floor, two bedrooms to the second floor. The property benefits from double glazing and central heating. 

Auction date: Wed, 16/02/2022 - 13:00

A mixed-use investment opportunity across 3 floors in a sought after location with a good level of footfall. The commercial unit is used as a successful Tattoo Parlour, with a newly signed 3 year lease at £610pcm.  The unit includes a kitchenette, w.c. and office above.  With separate access off Moseley Street, the 2 bedroom flat is of good proportions and comprises split level accommodation including: lounge, two bedrooms, kitchen and bathroom.  It is being sold with vacant possession and is ready for immediate let in the region of £550pcm.  The property benefits from double glazing, central heating and two parking spaces. 

Auction date: Wed, 16/02/2022 - 13:00

A turn-key investment opportunity in the popular rental area of L7. A modern studio flat located on the second floor, renovated to a good standard and with rental potential in the region of £390pcm/£4,680pa.  All local amenities are close by with regular transport links into the City Centre.  The property comprises an open plan living area/bedroom with fitted kitchen and separate shower room. The service charge includes water, electricity, building insurance and cleaning of communal areas & waste management.

Auction date: Wed, 16/02/2022 - 13:00

A modern one bedroom top floor apartment situated close to local shops and amenities and convenient for motorway services. Sold with vacant possession and ready to rent out in the region of £475pcm. The accommodation comprises; communal hall, internal hallway, double bedroom, fitted bathroom, open plan kitchen/lounge with patio doors opening to a private balcony. There is allocated parking to the rear of the development. The apartment itself benefits from double glazing and electric central heating throughout.   

Auction date: Wed, 16/02/2022 - 13:00

Commercial buildings of significant proportion and offering scope for flexible rental areas to maximise income. One is currently being used as an estate agent on a lease of £1,000pcm and comprises front office space, further offices to the rear and side, kitchenette and access to toilet area. A second comprises 5 further offices that can be individually leased in the region of £200 - £400 pcm.  There are currently two offices leased at £200 each pcm.  There is a further storage area at the rear of the building along with male & female toilet area.  And the 3rd and final building has been used as a car showroom to a long-standing lease-holder at £666pcm.  There is also a lock-up garage at the rear of the showroom, leased at £180pcm.  Current combined income is just short of £27,000 but has the potential to be increased to circa £35,000 based on full capacity and lease reviews.  The loft space in the main building and car showroom have been boarded out to a good standard along with electrics and could provide scope for further development, subject to obtaining appropriate planning.  It must be noted that the current owner has invested significantly in the health and safety aspects of the building, working alongside the Council to implement new fire and electrical safety systems. Across the buildings there are a minimum of 10 dedicated parking spaces.  The site extends to approximately 797 square metres

Auction date: Wed, 16/02/2022 - 13:00

A good sized end terraced property in a popular residential location. Sold with vacant possession, and benefiting from central heating the property requires some minor refurbishment and comprises:  Vestibule, hallway, living room, dining room and kitchen to the ground floor. Upstairs is a family bathroom and three bedrooms. We are informed the loft benefits from being fully boarded with electrics and a glazed window.  To the outside is on-street parking and yard to back.