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2 bedroom maisonette for sale
42 Enfield Close, Erdington, Birmingham, B23 5SE
£60,000
42 Enfield Close, Erdington, Birmingham, B23 5SE
£60,000
Our Summary
- For Sale By Public Auction on 11 December 2024 starting at 08:30 AM - A leasehold residential investment maisonetteCurrent income £6,420 PAA first floor two bedroom maisonette standing back from the road behind gardens
- The current rent is below market value and has scope for increasing subject to a rent review
- Auctioneer's NotePlease note offers may be considered prior to the Auction Sale
- Please note offers may be considered prior to the Auction Sale
- Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
A leasehold residential investment maisonette is up for sale by public auction on December 11, 2024, starting at 8:30 AM. The property, located on the first floor, has two bedrooms and is standing back from the road behind gardens. The current rent of £6,420 per annum is below market value and has scope for increasing after a rent review. The rent could potentially increase to around £10,200 per annum. The property features a hall, reception room, two bedrooms, kitchen, and bathroom, and benefits from double glazing. The lease has 47 years remaining and full lease details will be available in the legal pack. The property is currently let on an assured shorthold tenancy and will be sold with a live-streamed auction, allowing remote bidding options.