Property photos
Sold STC
Auction
Leasehold
Guide price
£110,000
2 bed flat for sale
Kellner Gardens, Oldbury, West Midlands B692 beds
2 baths
1 reception
Local area information
Property location
Nearby amenities
- Sandwell & Dudley 0.1 miles
- St Francis Xavier Catholic Primary School 0.2 miles
- Christ Church CofE Primary School 0.3 miles
- Langley Green 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for West Bromwich to find out more about the local area.
Features and description
-
Investor Opportunity
- Leasehold
- Sale by modern method of auction
- Current tenant willing to pay A year in advance
- Rental yeild of nearly 9%
- Walking distance to sandwell and dudley
- En-suite
- Great location
- Off road parking
- 131 years left on lease
This attractive 2-bedroom ground floor apartment is ideally situated close to Sandwell and Dudley train station, offering excellent transport links to Birmingham, Wolverhampton, and beyond. The convenient location ensures easy access to local amenities, shops, restaurants, and parks, making it a desirable place to live.
Layout and Features:
Living Room: Spacious and welcoming, the living room is designed for comfort and relaxation, with ample natural light streaming in through large windows. It provides a perfect space for entertaining guests or unwinding after a long day.
Kitchen: The modern kitchen is well-equipped with ample storage, and countertop space.
Bedrooms: The apartment boasts two generous bedrooms. The master bedroom includes en-suite and space for additional furniture.
The second bedroom is also well-sized.
Bathroom: A clean and modern bathroom fitted with a bathtub, sink and toilet.
Storage: Additional storage spaces are available within the apartment, providing room for belongings and keeping the living areas clutter-free.
Outdoor Space:
The ground floor location offers easy access to a shared garden area, perfect for enjoying the outdoors.
Investment Opportunity:
The property presents an attractive investment opportunity with a potential yield of nearly 9%. This high return on investment is ideal for savvy investors looking for a profitable addition to their portfolio.
The current tenant is willing to pay a year's rent in advance, ensuring immediate and secure rental income. This reduces the risk of vacancy and provides financial stability for the landlord.
Additional Features:
Parking: Allocated parking space for residents.
Security: Secure entry system for peace of mind.
Heating: Efficient heating system ensuring comfort throughout the year.
Summary:
This 2-bedroom ground floor apartment near Sandwell and Dudley train station combines convenience, modern living, and excellent investment potential. With a reliable tenant in place and a strong rental yield, it offers a lucrative opportunity for investors seeking a stable and profitable property. Don't miss out on this fantastic offering in a prime location.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price
including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.
Layout and Features:
Living Room: Spacious and welcoming, the living room is designed for comfort and relaxation, with ample natural light streaming in through large windows. It provides a perfect space for entertaining guests or unwinding after a long day.
Kitchen: The modern kitchen is well-equipped with ample storage, and countertop space.
Bedrooms: The apartment boasts two generous bedrooms. The master bedroom includes en-suite and space for additional furniture.
The second bedroom is also well-sized.
Bathroom: A clean and modern bathroom fitted with a bathtub, sink and toilet.
Storage: Additional storage spaces are available within the apartment, providing room for belongings and keeping the living areas clutter-free.
Outdoor Space:
The ground floor location offers easy access to a shared garden area, perfect for enjoying the outdoors.
Investment Opportunity:
The property presents an attractive investment opportunity with a potential yield of nearly 9%. This high return on investment is ideal for savvy investors looking for a profitable addition to their portfolio.
The current tenant is willing to pay a year's rent in advance, ensuring immediate and secure rental income. This reduces the risk of vacancy and provides financial stability for the landlord.
Additional Features:
Parking: Allocated parking space for residents.
Security: Secure entry system for peace of mind.
Heating: Efficient heating system ensuring comfort throughout the year.
Summary:
This 2-bedroom ground floor apartment near Sandwell and Dudley train station combines convenience, modern living, and excellent investment potential. With a reliable tenant in place and a strong rental yield, it offers a lucrative opportunity for investors seeking a stable and profitable property. Don't miss out on this fantastic offering in a prime location.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price
including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.
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
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Tours
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Listed by
EweMove Sales & Lettings - Blackheath & Oldbury
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