412 Moseley Road, Birmingham B12 9AT

An impressive mixed use investment property found in a very sought after part of Birmingham and generating a handsome rental income of £32,100 per year. Offering 11.5% gross return against the guide price.

This building has recently undergone a comprehensive scheme of refurbishment and modernisation.

It now offers a commercial unit on the ground floor including a celler and a rear flat which can be accessed from the shop and also a separate entrance from the rear. A first floor flat with 2 bedrooms, and a second floor flat with 1 bedroom.

The property is fully let with individual rental incomes detailed below:

Ground Floor Commercial Unit (along with the rear flat) - £1,250 pcm
First Floor Flat - £750 pcm
Second Floor Flat - £675 pcm

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 2.4% of the purchase price (inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.