Lot 4 - 25 Wasdale Road, Birmingham, West Midlands, B31 1QH
- Unconditional Online Auction Sale
- Guide Price* : £110,000 plus
- Residential Investment
- 3 bedroom end terrace house
- Let at £1,000 per month
- Convenient location
On Behalf of the Court Appointed Receiver: Residential investment comprising a 3 bedroom end terrace let at an annual equivalent rent of £12,000
Description
The property comprises a 3 bedroom end-terrace house to be sold with a tenant in situ and the rent is £1,000 per month.
The ground floor has been extended at the rear and provides a reception room, kitchen, utility room and family bathroom. At first floor there are 3 bedrooms.
There is also an outbuilding at the rear of the garden.
Some refurbishment is required.
Heating is via central heating fired by a combi-gas boiler (un-tested).
Location
The property is situated in a residential area within the Northfield area of Birmingham. Wasdale Road is accessed from the A38 via Lockwood Road and is convenient for local amenities in Northfieldm with the shopping centre and a Sainsburys supermarket both within 0.5 mile. Birmingham city centre is approximately 5 miles to the north. Nearby are a number of local parks and schools.
Tenure
Leasehold under title WM973163 for a term of 125 years from 1st April 2010 at a peppercorn rent..
Accommodation
Ground Floor: Reception room, kitchen, utility room and family bathroom - 39 sq.m (420 sq. ft)
First Floor: 3 Bedrooms - 29 sq.m (312 sq. ft)
Total: 68 sq.m (732 sq. ft)
Plus Outbuilding - unmeasured as no access
Outside
Front and rear gardens, with driveway and off road parking for several cars at the front, plus outbuilding.
Tenancies
The property is currently tenanted on an AST for a term of 12 months from 7th June 2025 at a rent of £1000 per month.
EPC
Energy Asset Rating is D and certificate expires 2031.
Council Tax Band
A
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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