Property description
A SUBSTANTIALLY SIZED SEMI-DETACHED PROPERTY, CURRENTLY DIVIDED into 11 bed sits and sold with no upward chain. Further features include ample parking, well maintained communal areas and a rental income of circa �39,000. This is an ideal investment opportunity, in a most convenient location.
Vestibule, Hallway, Under Stairs Storage/Utility, 11 Bed Sits, 1 Further Potential Ground Floor Flat, 3 Bathrooms, Driveway to Front and Rear, Rear Garden.
From the agents office continue along the Hagley Road towards Birmingham. The property is situated on the left hand side between the left turning to Barnsley Road and the left turning for Sandon Road.
LocationThe property is situated within Edgbaston, closely neighbouring the town of Bearwood. Within 0.3 miles of the property lies the amenities that Bearwood High Street has to offer. Within 0.8 miles and 1.2 miles (respectively) are Lightwoods Park and Warley Woods. Edgbaston however is home to Summerfield Park and the Reservoir. The Hagley Road itself boasts excellent transport links to the City Centre, ideal for shopping and commuters.
Summary* A traditional, substantially sized semi-detached property
* Currently converted into 11 bed sits, each with a kitchen, lounge and bedroom area
* Three, modern styled bathrooms
* Excellently maintained communal areas to include retained period features
* Pleasant communal gardens
* Off road parking to the front and rear with access from Sandon Road providing secure off road parking for several vehicles
* Ample potential to further convert/improve a fully self-contained ground floor flat (subject to relevant planning and permissions)
* No upward chain
* We are advised that the current rental income is circa �39,000 (to include Flat 6 which is currently unoccupied.)
* Central heating system installed in 2013.
Schedule of accommodation
Communal Areas:Vestibule
Hallway
Inner Hallway
Further Hallway
Under Stairs Storage/Utility Area
Cellar - Accessed from outside via an opening under the window to Flat 3.
Ground Floor:Bathroom 6'06" x 7'00" (1.98m x 2.13m)
Flat 1
Lounge 15'03" max x 11'09" plus bay (4.65m max x 3.58m plus bay)
Kitchen 6'05" x 7'00" (1.96m x 2.13m)
Bedroom (Not Measured)
Flat 2
Lounge/Kitchen/Bedroom 14'03" plus bay x 13'06" max (4.34m plus bay x 4.11m max)
Flat 3
Lounge/Bedroom 7'11" min x 19'08" plus bay (2.41m min x 5.99m plus bay)
Kitchen 6'09" x 6'09" (2.06m x 2.06m)
Flat A
Lounge/Kitchen 13'02" max x 13'06" (4.01m max x 4.11m)
Bedroom 6'04" x 11'10" (1.93m x 3.61m)
First Floor:
Landing
Bathroom 7'01" x 8'01" (2.16m x 2.46m)
Flat 4 13'10" max x 15'03" max (4.22m max x 4.65m max)
Lounge/Kitchen/Bedroom
Flat 5
Lounge/Bedroom 15'04" max x 18'07" max (4.67m max x 5.66m max)
Kitchen (Not Measured)
Flat 6
Lounge/Kitchen/Bedroom 15'03" max x 19'10" (4.65m max x 6.05m)
Storage
Flat 7
Lounge/Kitchen/Bedroom 12'10" plus storage x 9'03" (3.91m plus storage x 2.82m)
Second Floor:Landing
Bathroom 7'00" x 11'04" (2.13m x 3.45m)
Flat 8
Lounge/Bedroom 15'06" max x 21'00" max (4.72m max x 6.4m max)
Kitchen 7'01" x 8'10" (2.16m x 2.69m)
Flat 9
Lounge/Bedroom 15'05" max x 20'00" max (4.7m max x 6.1m max)
Kitchen 7'00" x 7'09" (2.13m x 2.36m)
Flat 10
Lounge/Bedroom 13'10" max x 17'10" (4.22m max x 5.44m)
Kitchen 13'09" x 6'05" (4.19m x 1.96m)
General informationTENURE: The agent understands the property is Freehold.
SERVICES: Central heating to radiators is provided. The central heating system is not currently in use.
FIXTURES AND FITTINGS: Furniture and furnishings including carpets, blinds and curtains are to be included in the sale.
PROPERTY INFORMATION QUESTIONNAIRE: A copy of a Property Information Questionnaire is available about this property at our office. This has been completed by the seller to provide comprehensive information about the property which will be of relevance to any intending purchaser.
AGENTS NOTES: We are in receipt of a full list of the break down of current rent payable on each flat. Please ask for further details. Vendor will provide receipts for installation of heating system. We are advised that the property is exempt from the EP Rating System. This property is currently tenanted. It is proposed by the vendor that notice will be served and the tenant vacate prior to completion. Prospective purchasers should clarify this position prior to purchase.
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.