157 Shenstone Road, Edgbaston, Birmingham, West Midlands B16 0PF

Investment opportunity within the extremely sought after area of Edgbaston, one of Birmingham's most desirable residential locations.

The property is being offered for sale with tenants currently in situ, providing an immediate rental income of £9,600 per annum. Offering a gross yield of over 10% making it an attractive proposition for buy-to-let investors, seeking a ready-made addition to their portfolio.

Positioned within easy reach of Birmingham City Centre, the property benefits from excellent transport connections and convenient access to a wide range of local amenities, including shops, restaurants, leisure facilities and highly regarded educational establishments.

Edgbaston continues to be one of Birmingham's most sought-after areas, attracting strong occupier demand due to its proximity to the University of Birmingham, Queen Elizabeth Hospital and the city's extensive business districts. This prime location contributes to the property's long-term investment appeal and future growth potential.

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, and are payable immediately upon exchange of contracts:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% inc. VAT 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.