Property photos
Leasehold
Offers over
£117,000
(£217/sq. ft)
1 bed flat for sale
Water Orton Road, Birmingham B361 bed
1 bath
1 reception
538 sq. ft
EPC rating: D
Local area information
Property location
Nearby amenities
- St Mary and St Margaret's Church of England Aided Primary School 0.4 miles
- Brownmead Primary Academy 0.4 miles
- Lea Hall 1.7 miles
- Water Orton 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Buy-to-Let Opportunity
- Long Term Tenant Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- Modern Kitchen Fittings
- Perfect Location for Working Professional
- Investment potential detailed below (Let Property Pack)
A spacious and well kept 1 bedroom flat located in Birmingham. There are various valuable amenities within walking distance of the property and it is able to generate rewarding rental returns.
For investors looking for a reliable, long term investment, this is a brilliant opportunity!
The home is in good condition and features 1 bedroom, lounge, kitchen, and ensuite.
Investment details
It currently produces an annual gross income of £8,400 which could be increased by the new owner to a market rate of £12,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
For investors looking for a reliable, long term investment, this is a brilliant opportunity!
The home is in good condition and features 1 bedroom, lounge, kitchen, and ensuite.
Investment details
It currently produces an annual gross income of £8,400 which could be increased by the new owner to a market rate of £12,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
1 floor plan available
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Tours
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More information
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Let Property
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