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Our Summary
- Situated within a well established residential area of Solihull, this two bedroom maisonette on Merryfield Close presents an excellent opportunity for investors seeking an income-producing asset with future potential
- Whether you are looking to expand an existing portfolio or secure a property with established rental income, this maisonette offers strong investment appeal at an attractive auction guide price
- Offered for sale by auction with a starting bid of £70,000, this is a rare opportunity to acquire a tenanted property in a sought after location with immediate income and long term potential
- Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction
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Description
The property is a two-bedroom maisonette on Merryfield Close in a established residential area of Solihull. It has a living room, fitted kitchen, two well-proportioned bedrooms, and a family bathroom. Located near local amenities, schools, public transport links, and major road networks, the area offers easy access to Solihull town centre, Birmingham Airport, and surrounding business hubs.
The property is on the market with approximately 38 years remaining on the lease and is priced to reflect its short lease term. It has a Council Tax Band of B and a tenure of leasehold with an annual ground rent of £33.