Investment flat in Birmingham priced below £30,000 for sale in auction

Craig Upton, marketing director at Bond Wolfe, explained that the property was located around the corner from the Hagley Road, in an area that was close to Harborne Nature Reserve. 

Mr Upton said: “What we have here is a leasehold flat in a smart area that is rented out for £750 per month on a 99-year lease until 2059. 

“This residential investment property has a really attractive guide price which offers a real potential for someone to pick up a bargain. 

“There is a communal entrance to this purpose-built block on the ground floor, with a lift and staircase to a communal landing on the fifth floor. 

“Inside Flat 26 is a reception room, balcony, fitted kitchen, bedroom and bathroom, with electric heating throughout, plus communal grounds and parking outside.” 

The Edgbaston property will be among 178 lots appearing in Bond Wolfe’s next auction which is due to start at 8.30am on Thursday 26 March.  

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.  

For more details and to register to bid visit https://www.bondwolfe.com/auctions/properties/