Lot 8 - 33 Buchanan Avenue, Walsall, WS4 2ER

  • Unconditional Online Auction Sale
  • Guide Price* : 425,000
  • Bedrooms: 5

Lot 8 - 33 Buchanan Avenue, Walsall, Walsall, WS4 2ER


Description

A Substantial Detached Freehold Investment set within its own grounds of approx 1/2 an acre with 5 apartments and potential for further development stp.
This property comprises a well proportioned freehold currently arranged as 5 apartments over ground and first floors on a substantial plot of circa .5 acre. There is potential to create further apartments by converting the detached garage and remodelling the existing space.

Tenure

Freehold

Accommodation

Flat a - ground floor apartment with lounge kitchen bathroom and 2 beds
Flat e - ground floor apartment with lounge kitchen bathroom and 2 beds
Flat d - ground floor apartment with lounge kitchen bathroom and 4 beds
Flat c - first floor apartment with kitchen bathroom and 2 beds
Flat b - First floor apartment with kitchen bathroom and 1 beds
Detached garage

Location

Enviably located in a highly regarded area of Walsall, close to the well regarded Walsall Arboretum Buchanan Avenue is approached via Mellish Road. This quiet location has amenities close at hand including Walsall town centre only a few minutes drive away. Excellent schools including Queen Marys Grammar School, caters for all age groups with regular public transport services providing ease of access to Birmingham city centre.

Planning

Additional Apartments Subject To Planning And Consents

Tenancy

Flat a 450 pcm
Flat e 525 pcm
Flat d 750 pcm
Flat c vacant
Flat B vacant and needing modernisation
ERV £4000 pcm

Yield

9.6%

Vendors Solicitor
Sam Vale
208 566 1200

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Vendors Solicitor

Sam Vale
208 566 1200

Agreement Documents

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