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Six flats bringing in nearly £34k a year in auction with starting price of £150k

A substantial pair of neighbouring mid-terraced houses in Birmingham that have been converted into six self-contained flats are coming up at Bond Wolfe’s auction on Wednesday 8 December.

The attractive period properties at numbers 3 and 5 Anderton Road, a short distance away from the Stratford Road, have a joint guide price* of £150,000+.

The flats are currently bringing in rents of £33,780 per year, which would represent a healthy yield of 22.5 per cent based on the guide price.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “These properties would make a great purchase for a landlord seeking to expand their portfolio, with a very manageable situation of six sizeable flats in the same location.

“But if the new owner preferred, they could easily be converted back into a pair of large, single family homes, although this sale is subject to existing tenancies.

“The three-storey dwellings stand back from the road behind a front garden, with a larger rear garden and plenty of well laid-out space inside.

“On the ground floor is a communal entrance and hall, with Flat 1 in number 3 having a reception room, kitchen, bedroom and bathroom, and Flat 1 in number 5 having its own hall, reception room, dining kitchen, two bedrooms and bathroom.

“A communal landing on the first floor leads to Flat 2 in number 3 and Flat 2 in number 5, each of which have their own hall, store cupboard, reception room, kitchen, two bedrooms and bathroom.

“There’s another communal landing on the second floor leading to Flat 3 at number 3 and Flat 3 at number 5, each with their own hall, reception room, kitchen, bedroom and bathroom.

“The property benefits from gas-fired central heating throughout, fire doors, emergency lighting, a mains smoke alarm, intercom systems and double-glazed windows.”

Mr Bassi added: “These properties lie in vibrant area of Birmingham, not far away from the renowned Balti Triangle and less than half a mile away from Small Heath train station.”

The properties form just one of scores of lots that will appear in Bond Wolfe’s next auction which starts at 9am on Wednesday 8 December. The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only.

For more details and to register to bid visit, or email, or call 0121 312 1212 or 01902 928 510.

Anyone with properties to sell in a future auction can arrange a free appraisal by calling the auction team or visiting

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