Guide price
£225,000
Property for sale
Raddlebarn Road, Selly Oak B29Auction
Freehold
Key information
Tenure
Freehold
Council tax band
About this property
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
*prime investment opportunity*
Investors, take note! We are delighted to present two adjacent mixed-use commercial and residential units for sale. Located in a thriving area near the University of Birmingham and the Queen Elizabeth Hospital, these properties offer tremendous potential for lucrative returns.
Adjacent Units: Being next door to each other, these units provide a unique opportunity for investors to manage and optimize both properties as a cohesive investment.
Potential for Modernization: With some refurbishment, these properties can be transformed to further maximize rental yields and market value.
Strong Rental Demand: The proximity to the university and hospital ensures a constant demand for both commercial and residential spaces, providing a secure and steady income stream for investors.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.
More information
Listed by
Oakmans Estate Agents