Lot 2 - 222 Tiverton Road, Birmingham, West Midlands, B29 6BU
- Unconditional Online Auction Sale
- Guide Price* : £335,000 plus
- Vacant 7 Bed HMO
- Great location
- Some refurbishment required
- Potential to improve
On Behalf of the Court Appointed Receiver: Vacant 7 bed HMO
Description
*VIEWINGS AND VIDEO TOUR AVAILABLE UPON REQUEST The property comprises a mid-terrace house in until very recently use as an 7 bedroom HMO.
The ground floor has an entrance hall, 2 bedrooms, shower room, a bathroom to the rear of the property and a kitchen/sitting room. The first floor comprises of 3 bedrooms and a shower room. The second floor comprises of 2 bedrooms and a shower room.
Central heating is via a gas combi boiler (not-tested) .
Some areas require refurbishment. The HMO licence (for 7 persons) expires in 2030 and interested parties should rely on their own enquiries with the local Council as what licensing is required and planning use permitted going forward.
The seller has not verified the current planning status and an indemnity policy will also be provided by the sellers solicitor on completion (draft copy included within the auction pack - finalised once the selling price is known). The previous managing agents have provided evidence of previous use as an HMO for some years and before the date when Article 4 provision where implemented city wide (Copy HMO Licences and tenancy info from 2017 onwards).
Location
The property is located within the Bournbrook district of Birmingham, approximately 2.50 miles south of the city centre, but close to Selly Oak with the University of Birmingham’s main Edgbaston campus just 445m to the north and the Queen Elizabeth Hospital is around 0.75 miles away. As such the area is very popular as a location for private rented accommodation, HMOs that cater mainly for students, hospital workers and young professionals.
There are good transport links, with Birmingham city centre accessible in 10 to 15 minutes (Selly Oak rail station and bus routes along the nearby A38 Bristol Road) and local parks, shops, bars and restaurants all within walking distance.
Tenure
Freehold.
Accommodation
Ground Floor: Entrance hall, 2 bedrooms, shower room, bathroom and a kitchen/sitting room - 84 sq. m (904 sq. ft)
First Floor: Landing and 3 bedrooms and shower room - 42 sq. m (449 sq. ft)
Attic: Landing, 2 bedrooms and shower room - 31 sq. m (333 sq. ft)
Total: 157sq. m (1,686sq. ft)
In addition, the outbuilding is 19 sq. m (204 sq. ft).
Outside
To the front, to the front is a small forecourt garden, with on-street parking available. To the rear of the property there is a paved garden with an outbuilding to the back in use as storage.
EPC
This property’s energy rating is D valid until February 2029
Council Tax Band
B
Buyers Administration Fee
There will be a Buyer's Administration Fee of £3,000 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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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