Residential Investment Birmingham B16 £370-£400,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS
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Auction date: Tue, 22/10/2019 - 10:00
A long established residential investment opportunity comprising of nine studio flats with shared bath/shower room facilities, contained within a converted semi detached former dwelling house of three storey traditional brick construction surmounted by a pitched slate clad roof, set back behind a paved forecourt providing off road car parking and benefiting from mostly UPVC double glazed windows, mains fitted fire alarm and large rear garden. The property was converted in excess of 20 years ago and has provided both a stable and reliable income for both the current and previous owners. Total Current Rental Income: £24,800 per annum with three vacant units. Estimated Rental Income (when Fully Let): In the region of £37,000 per annum
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