agent
Angel Homes Ltd
1-3 Main StreetGlasgowG74 4JHUnited Kingdom
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19 bedroom detached house for sale
USD$2,993,415

Description

Angel Estates - 'Your Housing Guardians' in partnership with Pattinson Auction House are pleased to introduce three detached residencies converted into 17 flats and 2 bedsits being sold via Secure Sale online bidding (terms & conditions apply), see below. A great opportunity for serious investors to purchase three detached residencies in a leafy and popular suburb of North-West Birmingham has now become a reality!! Comprising of 17 flats/studios and 2 bedsits, these imposing properties certainly have kerb-appeal and owning such would certainly be fulfilling a lifelong ambition for someone. For those of you who enjoy architectural features, these three properties have expansive and welcoming hallways, high ceilings with original features and sweeping staircases to first and second floors. All three properties have expansive frontages which have been converted into off-road parking for several cars outside each individual residence and have mature communal and tranquil gardens to the rear. Starting Bids of £2,250,000 for this once in a lifetime opportunity for serious investors! 41 Handsworth Wood Road: Comprises of:- 4 x 1 bedroom flats/1 x studio flat Ground Floor (flat 1): Size: 30m2 Energy Rating: E (44) 1 bedroom flat Council Tax Band: A Rent: Vacant Ground Floor (flat 2): Size: 38m2 Energy Rating: D (56) Studio flat Council Tax Band: A Rent: £500.00 First Floor (flat 3): Size: 34m2 Energy Rating: D (59) 1 bedroom flat Council Tax Band: A Rent: £750.00 First Floor (flat 4): Size: 37m2 Energy Rating: D (58) 1 bedroom flat Council Tax Band: A Rent: £750.00 Attic Flat (flat 5): Size: 41m2 Energy Rating: D (57) 1 bedroom flat Council Tax Band: A Rent: £775.00 Total Approximate Size: 180m2 or 590ft2 Current Rent Received: £2,775.00 p.c.m. or £33,300 p.a. (occupied units only) 43 Handsworth Wood Road: Comprises of:- 3 x 1 bedroom flats/2 x studio flats/1 x 2 bedroom flat Ground Floor (flat 1): Size: 40m2 Energy Rating: D (63) Studio flat Council Tax Band: A Rent: £650.00 Ground Floor (flat 2): Size: 36m2 Energy Rating: E (47) 1 bedroom flat Council Tax Band: A Rent: £700.00 First Floor (flat 3): Size: 20m2 Energy Rating: E (47) Studio flat Council Tax Band: A Rent: £650.00 First Floor (flat 4): Size: 39m2 Energy Rating: D (58) 1 bedroom flat Council Tax Band: A Rent: Vacant First Floor (flat 5): Size: 44m2 Energy Rating: D (66) 1 bedroom flat Council Tax Band: A Rent: Vacant Attic Flat (flat 6): Size: 41m2 Energy Rating: D (57) 2 bedroom flat Council Tax Band: A Rent: £750.00 Total Approximate Size: 220m2 or 722ft2 Current Rent Received: £2,750.00 p.c.m. or £33,000 p.a. (occupied units only) 45 Handsworth Wood Road: Comprises of:- 6 x 1 bedroom flats/2 x bedsits Ground Floor (flat 1): Size: 33m2 Energy Rating: D (55) 1 bedroom flat Council Tax Band: A Rent: £675.00 Ground Floor (flat 2): Size: 36m2 Energy Rating: E (47) 1 bedroom flat Council Tax Band: A Rent: £750.00 Ground Floor (flat 3): Size: 26m2 Energy Rating: E (49) 1 bedroom flat Council Tax Band: A Rent: £675.00 First Floor (flat 4): Size: 30m2 Energy Rating: E (41) 1 bedroom flat Council Tax Band: A Rent: £575.00 (mezzanine) Attic Flat (flat 5): Size: 59m2 Energy Rating: E (53) 1 bedroom flat Council Tax Band: A Rent: £750.00 First Floor (flat 6): Size: 32m2 Energy Rating: D (59) 1 bedroom flat Council Tax Band: A Rent: Vacant First Floor (room 7): Size: 22m2 Energy Rating: E (49) Bedsit (with shared Council Tax Band: A Rent: £500.00 shower room) First Floor (room 8): Size: 16m2 Energy Rating: E (62) Bedsit (with shared Council Tax Band: A Rent: Vacant shower room) Total Approximate Size: 254m2 or 833ft2 Current Rent Received: £3,925.00 p.c.m. or £47,100 p.a. (occupied units only)* Overall Rents Received: £9,450.00 p.c.m. or £113,400 p.a. (occupied units only)* Please Note: All area sizes are taken from the independently commissioned Energy Performance Certificates. Individual rooms (not communal areas) have been measured and are available on request and all internal photographs are of only vacant units respecting the privacy of the current occupying tenants. Tenure: We are advised that all three properties are Freehold, confirmation of which should be obtained by reference to the title deeds. Services: All mains gas, electricity and water are connected; none of these services have been tested during our inspection. Local Authority Charge: (Financial Year 2024-25) The individual properties have been 'Banded A' (information correct as per Valuation Office Agency website) and falls under the jurisdiction of Birmingham City Council. For the current financial year, council tax charges are £1,389.17 per annum per individual flat &/or unit.