Burbury Street

Three bedroom mid-terraced property located on the edge of Birmingham City Centre nearby to the local shops and amenities of Soho Road. The property requires refurbishment throughout, so would be best suited to an investor who can expect a rental income of approx £1000 pcm.

Burbury Street is a residential street located in the Lozells area of Birmingham and is positioned just on the outer side of the ring road to the city. The Victorian style mid-terraced home does require modernisation throughout and would be an ideal investment opportunity for a first time landlord with the potential to earn an income of approx £1000 pcm once a refurb was completed. The house briefly comprises of a lounge, dining room, fitted kitchen, downstairs family bathroom, three bedrooms with the third bedroom being located off the second. There is a wide range of amenities in every direction from newsagents and take away's, to restaurants and places of worship. Also within close proximity is a choice of bus routes which offer public transport to neighbouring towns such as Aston, Hockley, West Bromwich & Handsworth.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.


Property Description
Burbury Street is a residential street located in the Lozells area of Birmingham and is positioned just on the outer side of the ring road to the city. The Victorian style mid-terraced home does require modernisation throughout and would be an ideal investment opportunity for a first time landlord with the potential to earn an income of approx £1000 pcm once a refurb was completed. The house briefly comprises of a lounge, dining room, fitted kitchen, downstairs family bathroom, three bedrooms with the third bedroom being located of the second.

Ground Floor Accommodation


Lounge
13' 1" into bay x 11' 1" into recess ( 3.99m into bay x 3.38m into recess )
Main front door leading in the property, bay window to the front, radiator, TV point, meter cupboards housing both the gas & electric metes, gas fire, wall lights and a door leading into the dining room.

Small Passage
Doors leading into the lounge and dining room with 2 x storage cupboards.

Dining Room
11' 1" into recess x 11' ( 3.38m into recess x 3.35m )
Doors leading into the kitchen and lounge, stairs rising to the first floor, laminated flooring, gas fire and a window to the rear.

Kitchen
9' 10" x 6' 6" ( 3.00m x 1.98m )
A range of wall and base units with surfaces over, integral 4 burner gas hob with a cooker hood over, space and plumbing for a washing machine, stainless steel sink & drainer with mixer tap over, window to the side, doors leading into the dining room and rear hallway.

Rear Hallway
Doors leading into the kitchen and downstairs bathroom, and a storage cupboard housing the immersion heater.

Bathroom
Obscure window to the rear, low level wc, bidet, fitted panel with hot and cold taps and door into the rear hallway.

First Floor Accommodation


Lean To
Built from Timber & Poly Carbon roof, this offers shelter to the rear of the house where there is also a water supply and doors leading into the store room a and via the house into the rear hallway.

Covered Storage Room
Built from a timber frame and a corrugated poly carbon roof and provides access into the rear garden.

Master Bedroom
13' 7" into bay x 11' into recess ( 4.14m into bay x 3.35m into recess )
Bay window to the front and door leading onto the landing.

Bedroom Two
11' 1" into recess x 11' 1" ( 3.38m into recess x 3.38m )
Window to the rear and doors leading onto the landing and into the third bedroom.

Bedroom Three
9' 11" into recess x 6' 8" ( 3.02m into recess x 2.03m )
Window to the rear and a door leading into the second bedroom.

Rear Garden
Completely slabbed for low maintenance but there is side gated access.

*** Agents Note ***
Please note that the EPC Rating is currently an F Rating, meaning that investors looking to purchase a property with a mortgage, may find it difficult to do so.