From
£120,000
1 bed flat for saleWheeleys Lane, Edgbaston, Birmingham B15
1 bed
- Auction
Savills - National Auctions
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About this property
Of interest to investors
A long leasehold purpose built third floor flat
Offering one bedroom, one bathroom accommodation
Gross internal area (gia) approximately 58 sq m (624 sq ft)
Subject to a periodic tenancy
Currently producing £10,200 pa
Strapline
Auction Sale - 19/11/2024
Of interest to investors - A leasehold one bedroom third floor flat subject to a periodic tenancy
Description
18 Wheeleys Lane is a modern purpose built block. Flat 18 is on the third floor. There is a communal gas fired heating system.
Location
Wheeleys Lane runs between Bath Row to the north and Wheeleys Road to the south. The block is situated on the corner of the junction with Longleat Avenue Local shops, including Tesco and Morrison are within a short drive. Birmingham city centre is less than two miles to the north.The Mailbox and Bullring & Grand Central shopping centres offer a wide range of retail stores, restaurants and entertainment. Birmingham University is around two miles to the south and Queen Elizabeth Hospital is about three miles to the south west.
Transport
Rail services are available from Birmingham New Street (one mile) and Five Ways (one mile) stations. Multiple bus routes connect to the city centre. Bristol Road (A38) offers easy access into town and Birmingham Ring Road (A4540) is within a five minute drive. Birmingham Airport is around 15 miles to the east providing both domestic and international flights.
Tenancy
The property is offered subject to a periodic tenancy at a current rent of £10,200 pa. Next rent review 1 September 2024.
Accommodation
We are informed by the vendor that the property offers one bedroom, one bathroom accommodation
Gross internal area (gia) approximately 58 sq m (624 sq ft)