Lot 238
    Flat
    Flat 2.14 Cardinal House
    55 Bridge Road, Birmingham, West Midlands, B8 3ST
    Sold for £27,000.
     
    Number 1
    An Accommodation Unit Subject to a Tenancy Producing £6,660 Per Annum

    Description

    The property comprises a student accommodation unit situated within a purpose built block arranged over ground and two upper floors.

    Tenure

    Leasehold. The property is held on a 125 year lease from 1st July 2015 (thus approximately 116 years unexpired).

    Location

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

    Accommodation

    Bedroom
    Communal Reception Room
    Communal Kitchen
    Communal Bathroom

    Tenancy

    The property is subject to a Tenancy at a rent of £555 per calendar month.

    Addendum

    For the avoidance of doubt, the property is currently let producing £6,660 per annum and not as previously stated.
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    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.

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