563 Queslett Road, Birmingham B43 7ER

A well presented three bedroom end-terraced property offering a contemporary open-plan living and kitchen area.

The property benefits from a private driveway providing off-street parking for two vehicles and a distinctive three-tiered rear garden. Further features include full double glazing and a gas-fired central heating system.

Investment Potential: The property is thought to command a rental income of £1,200 - £1,300 per calendar month. With strategic enhancements, a potential rental yield of £1,450 per calendar month may be achieved on a long-term let.

Porch

Hallway - 11ft 6 x 5ft 7

Lounge - 15ft 5 x 10ft 10

Kitchen/Diner - 16ft 5 x 10ft 10

Bedroom One - 10ft 10 x 10ft 10

Bedroom Two - 13ft 1 x 8ft 10

Bedroom Three - 9ft 6 x 7ft 10

Bathroom - 7ft 7 x 5ft 7

Leasehold

Vacant posession upon completion

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 

Leasehold Information
There is a 999-year lease commencing 24/06/1961. Ground rent is set at £4.90 per annum, with no associated service charges. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make any necessary independent enquiries before placing their bid, as this will be binding.

Please Note
Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is also our partner agent in the sale, and will receive part of any Reservation Fee as commission. If you have any queries regarding this, please contact us for further information.