Postponed till our next auction on Thursday 3rd November 2022
Prime corner site comprising a pair of 2 storey buildings (former shop and house) with planning consent for conversion to 8 x 1 bedroom flats or 10 x en-suite room HMO, vacant.
Description/Location
Rotton Park Road is situated in Edgbaston providing a wide range of local services and amenities with good access to the City Centre. Birmingham City Council have granted the following planning consents: 24/12/2018 Ref: 2018/08927/PA Conversion and extension to 10 x e/s room HMO across 2 floors. 25/02/2021 Ref: 2020/05694/PA Conversion and extension 8 x 1 bed flats across 3 floors. Works have commenced and the property is in shell condition. We estimate the GDV of the flat scheme at £890,000 - £960,000 (£110,000 - £120,000 per flat). We estimate the ERV of the HMO scheme at £60,000 pa (£500 pm per room).
Local Authority
Birmingham City Council
Office Contact
Network Auctions - 020 7871 0420
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Property Information
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