Lot 73
    Block of Apartments
    306 Station Road
    Stechford, Birmingham, West Midlands, B33 8QR
    £1,200,000+
    Guide Price (plus fees)
    Number 1
    A Substantial Building Arranged to Provide Thirteen Flats (10 x Two Bedroom, 3 x One Bedroom) Producing £122,640 Per Annum Situated on a Plot of Land Measuring Approximately 1,206 sq m (12,989 sq ft).

    Description

    The property comprises a substantial building arranged to provide thirteen flats (10 x two bedroom, 3 x one bedroom) over lower ground, ground and two upper floors. Plans have been drawn up for the erection of eight additional flats. No planning application has been submitted for this scheme.Drawings of the proposed plans are available for inspection upon request. Auction House London make no representations or warranties with regard to this scheme and/or the validity of the aforementioned plans. Buyers must rely on their own enquiries with regard to any development potential, permissions required and any previous planning history in respect of this site.

    Tenure

    Freehold

    Location

    The property is situated on a residential road close to local shops and amenities. The open spaces of Batchelors Farm Recreation Ground are within easy reach. Transport links are provided by Stechford rail station.

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    Flat 1 Ground Two Bedroom Flat Refer to legal pack £9,600
    Flat 2 Ground One Bedroom Flat Refer to legal pack £8,400
    Flat 3 Ground Two Bedroom Flat Refer to legal pack £10,200
    Flat 4 Ground Two Bedroom Flat Refer to legal pack £10,800
    Flat 5 First Two Bedroom Flat Refer to legal pack £10,200
    Flat 6 First Two Bedroom Flat Refer to legal pack £11,400
    Flat 7 First Two Bedroom Flat Refer to legal pack £9,540
    Flat 8 First Two Bedroom Flat Refer to legal pack £10,200
    Flat 9 Second Two Bedroom Flat Refer to legal pack £9,900
    Flat 10 Second Two Bedroom Flat Refer to legal pack £10,200
    Flat 11 Lower Ground Two Bedroom Flat Refer to legal pack £12,000
    Flat 11A Lower Ground One Bedroom Flat Refer to legal pack £10,200
    Flat 11B Lower Ground One Bedroom Flat Vacant Vacant
    Viewing Appointments to be Confirmed
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    Additional Fees and Disclaimer

    Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

    Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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