Lot 96
Refer to Auctioneer Available
102, 104, 108, 112, 118, 120, 124, 128, 136, 138, 144, 164, 168, 170, 174, 176, 180 and 184 Waterside
Dickens Heath, Shirley, Solihull, West Midlands
B90 1UD
Of interest to investors. 18 flats (1 x one bed, 11 x two bed and 6 x three bed flats) located in an exclusive waterside development benefiting from basement car parking. Convenient for the amenities of Dickens Heath and Solihull. Investment let at £199,359.84 per annum with four flats vacant.
Tenure
Leasehold. Each flat 999 years from 1st January 2003.
Total ground rent £155.88 per annum rising.
Location
  • Dickens Heath Village is a multi-award winning purpose built scheme situated in a most desirable location in the heart of the Solihull countryside. Dickens Heath enjoys a rural location to the south-west of Solihull in the West Midlands
  • Waterside is located adjacent to the Stratford-upon-Avon canal, and lies to the south-east of Market Square. The development is located adjacent to the Stratford-upon-Avon waterway and nature reserve, overlooking the Solihull countryside beyond
  • Located on the outskirts of Dickens Heath, on the junction of Mereways and Griffin Lane
  • The village centre features stylish shopping and leisure environment facilities, whilst a range of shops, bars and restaurants can be found in the commercial and retail areas in the centre of Birmingham
  • Well located close to the M42 and M40 and the A34 for access to Birmingham
Whitlocks End, Wythall
Description
  • Eighteen waterside apartments
  • Each benefitting from basement car parking
Accommodation
A schedule of Accommodation is set out in the link opposite.

Total Current Rent £199,359.84 per annum together with vacant possession of four flats
Please Note
Although apartments 118, 120 and 144 are empty, they benefit from a loss of rent payment from the insurance company while the apartments are being repaired. All the costs of repair are covered by the insurance company. The seller is receiving rent for these apartments at the rate of £8,340 for 3 months’ rent (£2,780 pcm). The rent has been paid up to 31 August 2019.
Viewing
Please refer to our website savills.co.uk/auctions

Ready to bid?

See our buyers guide to find out what to do next.

Text highlighted in orange is a change to the original publication.


  1. Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
  2. The reserve price is the minimum price at which the property can be sold.
  3. Both the guide price and reserve price may be subject to change up to and including the day of the auction.
  4. For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

Please note that all prices listed, whether prior to or post auction, are subject to contract.

The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

 
 
 

Important Auction Information & Conditions

General Enquiries

London & National Auctions
+44 (0) 20 7824 9091