Guide price
£410,000
10 bed semi-detached house for saleGravelly Hill North, Erdington, Birmingham B23
10 beds
3 receptions
EPC Rating: E
Auction
About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply
14 room property
Large rear garden with future potential to increase investment return
Excellent transport links
High yield investment opportunity
Separate self contained one bedroom flat completed
Cash Preferred
Summary
59 Gravelly Hill North, Erdington, B23 6BP presents an exceptional investment opportunity to acquire a substantial property with potential for up to 12 bedrooms in the heart of Erdington, just minutes from Birmingham city centre.
The property has been fully stripped back to brick, offering a blank canvas for complete refurbishment and redesign. With a generous internal footprint and significant value-add potential, it is ideally suited for developers or investors.
Benefiting from excellent transport links, including immediate access to the Gravelly Hill Interchange and the M6 motorway, the location ensures strong rental demand and convenient connectivity.
The property is currently Council Tax Band D.
Additionally, to the rear of the grounds sits a self-contained one-bedroom flat, providing further income potential or on-site accommodation, along with a substantial amount of parking.
The property also benefits from a large rear garden area, offering additional scope for landscaping, extension (subject to planning), or enhanced outdoor space for residents.
This is a rare opportunity to transform a large-scale asset into a secure, income-generating investment in a well-established Birmingham suburb.
Council Tax Band: D
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
59 Gravelly Hill North, Erdington, B23 6BP presents an exceptional investment opportunity to acquire a substantial property with potential for up to 12 bedrooms in the heart of Erdington, just minutes from Birmingham city centre.
The property has been fully stripped back to brick, offering a blank canvas for complete refurbishment and redesign. With a generous internal footprint and significant value-add potential, it is ideally suited for developers or investors.
Benefiting from excellent transport links, including immediate access to the Gravelly Hill Interchange and the M6 motorway, the location ensures strong rental demand and convenient connectivity.
The property is currently Council Tax Band D.
Additionally, to the rear of the grounds sits a self-contained one-bedroom flat, providing further income potential or on-site accommodation, along with a substantial amount of parking.
The property also benefits from a large rear garden area, offering additional scope for landscaping, extension (subject to planning), or enhanced outdoor space for residents.
This is a rare opportunity to transform a large-scale asset into a secure, income-generating investment in a well-established Birmingham suburb.
Council Tax Band: D
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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