For Sale By Auction | 08:45, 12 March 2024 | Lot 224

Unit 1.02 Cardinal House, 55 Bridge Road, Birmingham, West Midlands, B8 3ST

Sold £12,000

  • Studio
  • Tenure: Leasehold. The property is held on a 125year lease from 1st July 2015 (thus approximately 116 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/03/2024

Auction Time

08:45

Auction Venue

Live Stream

A Ground Floor Student Accommodation Unit Subject to an Assured Shorthold Tenancy Producing £6,600 Per Annum

The property comprises a ground floor student accommodation unit situated within a purpose built block arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 125year lease from 1st July 2015 (thus approximately 116 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Adderley Park are within easy reach. Transport links are provided by Adderley Park rail station.

Accommodation

Ground Floor Bedroom Communal Reception Room Communal Kitchen Communal Bathroom

Tenancy

The property is subject to an Assured Shorthold Tenancy at a rent of £550 per calendar month.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.