Four rented maisonettes at auction in prime Solihull suburb
Four rented maisonettes at auction in prime Solihull suburb.
A pair of semi-detached properties that have been converted into four maisonettes in Solihull are likely to attract strong bidding in Bond Wolfe Auctions’ next auction in Birmingham.
The self-contained properties at 34a, 34b, 36a and 36b Hurdis Road in Shirley, bringing in total rents of £26,400 per annum, form one lot with a guide price of £395,000+.
Jonathan Hackett, consultant director at Bond Wolfe Auctions, said: “This is an attractive residential investment opportunity in a popular suburb that is bound to attract competitive attention from bidders.
“The properties stand back from the road behind driveway parking and front gardens, and all properties have the majority of windows double-glazed and benefit from gas central or electric heating.”
The maisonettes at 34a and 36b are entered via a hall on the ground floor with stairs leading to a landing, living room, kitchen, bedroom and shower room with toilet.
The maisonettes at 34b and 36a each have a reception Room, kitchen, bedroom and shower room with toilet on the ground floor, and each have use of the back gardens.
A block of four garages is also available as an investment lot at the auction at Villa Park on Thursday 27 February, which will feature a record 215 lots.
The freehold lock-up garages are numbered 1 to 4 at the rear of 34 and 36 Hurdis Road, and three are rented out at £1,872 per annum, which could rise to £2,496 once the fourth is let. This lot has a guide price of £18,000+.
The auction on Thursday 27 February will start at the earlier time of 10am, in order to cater for the large number of lots to be offered on the day.