Lot 5 - 13 Frances Road, Erdington, Birmingham, West Midlands, B23 7LD

  • Unconditional Online Auction Sale
  • Guide Price* : £145,000
  • Bedrooms: 6
  • Bathrooms: 6

Bidding for this property closes on 26th February 2026 at 12:20 pm. Online Auction – Open to prior-auction offers Interested parties are invited to register via our website to bid.

Description

A fantastic investment opportunity to acquire a fully licensed HMO property generating a strong annual rental income of £39,000, on a secured Supported Housing Council Contract. This property is offering immediate income from day one. Professionally managed and maintained, this turnkey investment is ideal for both experienced landlords looking to expand their portfolio and new investors seeking a high-yielding asset. Situated in a sought-after rental location, the property benefits from multiple tenancies and is already set up to continue producing consistent, reliable income. Viewings are strictly by appointment, so please register for more information.

Completion
The completion period for this property is 28 days.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on our website).

Buyers Administration Fee
The purchaser will be required to pay an administration fee of £1,800 inc VAT, whether the property is bought before, on, or after the auction date.

Legal Pack
Purchasing a property at auction is a firm legal commitment equivalent to signing a contract by private treaty. Prospective buyers must consult with their legal adviser before bidding.
The legal pack can be viewed online via our website.
At the time of going to print, the Auctioneers were unable to inspect the property internally; therefore, the accommodation details should not be relied upon.

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price, which will be within +10% of the Guide Price. The Guide Price is provided solely to help buyers decide whether to pursue their interest.

Important Notice / Disclaimer
In accordance with RICS guidance, these particulars are prepared in good faith and are intended to give a fair description of the property. At the time of publication, the Auctioneers were unable to inspect the property internally. Consequently, any details relating to the accommodation, floor areas, condition, fixtures, fittings, services, or any other aspects of the property are based on limited information and should not be relied upon as statements of fact.
Prospective purchasers are strongly advised to satisfy themselves as to the accuracy of the information provided by undertaking their own inspections, surveys, and enquiries prior to making any offer or bid. Neither the Auctioneers nor the vendor give any representation or warranty, express or implied, as to the accuracy, completeness, or suitability of the information contained within these particulars.




Tenure: Freehold
Garden details: Communal Garden

* 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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