£155,000

2 bed flat for sale

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Leasehold

Offers over

£155,000

2 bed flat for sale

Hagley Road, Birmingham B16

2 beds
1 bath
EPC rating: D

Key Information

Tenure:
Leasehold (101 years)
Service charge:
Council tax band:
Ground rent:
£300
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Mander Portman Woodward Independent College 0.2 miles
  • St John's & St Peter's CofE Academy 0.3 miles
  • Five Ways 0.3 miles
  • Birmingham New Street 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Our latest listing is a 2 bedroom Flat located in Birmingham. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 spacious bedrooms, lounge, a large lounge, a three piece bathroom, and convenient access to local amenities

Investment details

It currently produces an annual gross income of £10,740 which could be increased by the new owner to a market rate of £14,400 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.

If you are interested, please call us.

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

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

Tours

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Property descriptions and related information displayed on this page are marketing materials provided by - Let Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Let Property for full details and further information.

  1. Zoopla
  2. For sale
  3. West Midlands
  4. Birmingham
  5. Edgbaston
  6. Hagley Road