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5 bedroom terraced house for sale
37 Claremont Road, Smethwick, West Midlands B66 4JY
£185,000
37 Claremont Road, Smethwick, West Midlands B66 4JY
£185,000
Our Summary
- For sale on 29 October 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
- Investment Opportunity with a Net Income of £28,500 per year
Description
This impressive investment property in Birmingham is being sold at auction on October 29, 2025, with a guide price and reserve price to be confirmed. The property generates a handsome net income of £28,500 per year, equivalent to a yield of over 14% return on the guide price. The property is set over three floors, comprising an entrance hall, two reception rooms, four double bedrooms, two bathrooms, and a shower on the top floor. Its location is superb, with proximity to several train stations, bus services, and road links to the city center. The area is popular and sought after, with a multitude of local amenities and shops. The property is being sold under an unconditional sale type, with binding contracts of sale to be exchanged at the point of sale. A 5% deposit and buyers' fee of 4.8% of the purchase price will apply, with additional fees listed in the Special Conditions of Sale.