10 Coton Lane, Birmingham, West Midlands B23 6TP

A modernised three storey terraced period property in central Erdington - Former electrical appliance repair shop now arranged as two self-contained flats with separate entrances.

A one bedroom ground floor flat and a two bedroom duplex flat above having the benefit of being fitted with a Mitsubishi air source heat pump for efficient, low-cost heating and hot water.

Potential rental income of £625 for the ground floor one bedroom flat, and £750 for the duplex with two bedrooms.

Located close to high street shops, amenities and transport links. Erdington Cross City Line Rail Station 850m/0.5 miles. M6 Junction 6/A38 (M) Aston Expressway for access to Birmingham City Centre and Midlands Motorway network just 2.5km/1.5 miles by vehicle.

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.