Property photos
From
£990,000
(£132.57/sq. ft)
Block of flats for sale
Walsall Road, Birmingham B427,468 sq. ft
Local area information
Property location
Nearby amenities
- Holy Name Catholic Primary School 0.2 miles
- Ferndale Primary School 0.5 miles
- Hamstead (Birmingham) 1 mile
- Tame Bridge Parkway 1.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- 11 flats, 8 on ast's with 3 vacant
- Scope to increase rent by letting out vacant units
- Potential to extend flats at the rear
11 flats available, 8 currently let on ast's with 3 vacant. Current income is £58,097 pa. A purchaser can buy upwards of 2 flats within the block.
Location
The property is located on Walsall Road, in Great Barr, which is situated in North West Birmingham. Locally, the area is predominately residential, with the Scott Arms Shopping Centre providing local amenities. Operators include: Iceland, Card Factory, Betfred, Greggs and more.
Description
There are 11 apartments situated above the shopping centre. Access to the flats is via the rear of the shopping centre. 3 of the 11 flats are vacant.
Price Offers in the region of £990,000 (nine hundred and ninety thousand pounds) for the long leasehold interest.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
Location
The property is located on Walsall Road, in Great Barr, which is situated in North West Birmingham. Locally, the area is predominately residential, with the Scott Arms Shopping Centre providing local amenities. Operators include: Iceland, Card Factory, Betfred, Greggs and more.
Description
There are 11 apartments situated above the shopping centre. Access to the flats is via the rear of the shopping centre. 3 of the 11 flats are vacant.
Price Offers in the region of £990,000 (nine hundred and ninety thousand pounds) for the long leasehold interest.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
More information
Listed by
Assembly Commercial Real Estate
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