|
| Residential | |
|
|
|
| Other Services | |
|
|
|
|
| Lot 104 |
Auction 29th March 2010 |
| Guide Price | £450,000+ | | Result | £470,000 | | Gross initial Yield | 7.73 % |
|
View Addendum
|
|
|
Edgbaston St Augustine's Court, St Augustine's Road, Birmingham, West Midlands B16 9JUA Part Reversionary Freehold Detached Purpose Built Block arranged to provide Ten Self-Contained Flats. Four Flats subject to Reversionary Long Leases. Six Flats subject to Assured Shorthold TenanciesTenureFreehold.LocationThe property is situated on the corner of St Augustine's Road at its junction with Hagley Road (A456) to the west of Birmingham City Centre. Local amenities are available along Hagley Road itself and the further facilities of Birmingham city centre are accessible to the east. Edgbaston Reservoir and Summerfield Park are to the north. Rail services run from New Street Station and both the M5 and M6 Motorways are within reach. The University of Birmingham and Queen Elizabeth Medical Centre are to the south.DescriptionThe property comprises a detached purpose built block arranged over ground and four upper floors. The ground floor is used for parking purposes and the upper floors are arranged to provide ten self-contained flats.Accommodation and TenanciesA Schedule of Accommodation and Tenancies is available to download please click here
The properties were not internally inspected by Allsop. The information set out in the schedule was provided by the Vendor.To ViewPlease Call: Allsop.
Tel: 0207 344 2614 (Ref: RA).Seller's SolicitorMessrs Grove Tompkins Bosworth (Ref: RD).
Tel: 0121 236 9341 Fax: 0121 236 5169.
Total Current Rent Reserved
£36,342 per annum (equivalent)
|
|
Commercial Investment
Print this Page
