Lot
058
Auction: June 2021 Online Auction 23/06/2021

46 Burtons Park Road, Birmingham, West Midlands B36 0TW

Property Details
Location
Description
A residential investment opportunity comprising a purpose built second floor, two bedroom apartment currently let at £500pcm equivalent to £6,000 per annum. The property is in good internal decorative order and would make an excellent addition to a local landlords buy to let portfolio. One particularly attractive feature is the balcony seating area which overlooks the communal park.
Location
Burtons Park is a popular residential development comprising of a mixture of apartments and houses accessed of Burtons Way, conveniently situated within walking distance of a number of amenities and facilities in the immediate surrounding area including shops and schools. Birmingham City Centre is situated 9 miles to the west.
Accommodation

Second FloorKitchen / living area, 2 x bedrooms, bathroom

Tenure
Unknown
Tenancy
The property is currently let at £500pcm to an individual tenant who has been in occupation since 2011. No rent increase has been asked for during the duration of the tenancy.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND JUNE AND CLOSES ON WEDNESDAY 23RD JUNE.

3. We understand the service charge to be approximately £200 per annum and the service charge approximately £1,300 per annum.

4. The property is held on a 125 year (less 3 days) leasehold title from 1st January 2008.

5. Pugh & Co have not seen a copy of the tenancy agreement but have been provided written confirmation that the property is let at £500pcm
Addendum
The property is held on a 125 year (less 3 days) leasehold title from 1st January 2008. Pugh & Co have not seen a copy of the tenancy agreement but have been provided written confirmation that the property is let at £500pcm

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