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Property Listing Details

Property details

  • 4 bedrooms
  • 4 bathrooms
  • 4 reception rooms
  • Floor area 1,140 sq. ft

Features

  • Great Investment opportunity
  • Over 8.4% annual return yield
  • 4 HMOs Approved Individual Apartments
  • Tenants In-situ
  • Convenient location
  • Excellent Public Transport links

Listing view statistics

Last 30 days: 452 page views

Since listed: 1948 page views

Description

Located a stones throw away from Cafes, restaurants and supermarkets, benefiting from excellent public transport links to Birmingham City Centre. Ever popular Harborne & Edgbaston neighbourhoods are minutes walk away from this freehold property.

The property is freehold but only consists of the first and second floors, the ground floor commercial unit is not included, however there is leasehold income of £100 per year.

First and second floors consist of 4 letting units, that are bright, modern, chic and decorated to a minimalistic style. Each apartment comprises of: En-suite bath/shower room, kitchenette, central heating system and double glazing windows.

The gross rents as tabulated, totalling £2450 pcm or £29400 pa + £100 from commercial unit, from this the landlord is responsible for paying the utilities.

Bearwood is the southern part of Smethwick, Sandwell, West Midlands, England, and north of the A456 Hagley Road. Bearwood Hill was the original name of the High Street from Smethwick Council House to Windmill Lane. The border at the Shireland Brook where Portland Road (Edgbaston) becomes Shireland Road (Sandwell) is signed "Bearwood"

The part of Bearwood to the west of Shireland Brook is included in Abbey Ward in Sandwell Metropolitan Borough. The smaller part of Bearwood to the east of Shireland Brook is in the North West Edgbaston ward in Birmingham. In 1903, Bearwood Ward in Smethwick extended from Hagley Road to Smethwick High Street and included part of Cape Hill.

Public Transport:
Bearwood Bus Interchange 0.1 miles
Smethwick Rolfe Street 1.6 miles
University (Birmingham) 2 miles

Local School:
Lordswood Boys' School 0.1 miles
Bearwood Primary School 0.3 miles

Fixtures and Fittings
Only those items mentioned in the sales particulars are included in the sale. All others are specifically excluded but some items may be made available by separate negotiation.

Tenure- Freehold.

Services- Mains Water, mains electricity and mains drainage
Local Authority- Sandwell Council, Sandwell Council House, Freeth St, Oldbury B69 3DE

We endeavour to make our sales details accurate and reliable, but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. Any information shown in these particulars or accompanying information are for guidance only and should be checked on site. Measurements and distances are approximate and for guidance only. Please note that, where rooms are irregular, only the maximum measurement would be stated.

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Smethwick Rolfe Street 1.6 miles
  • University (Birmingham) 2 miles
  • Lordswood Boys' School 0.1 miles
  • Bearwood Primary School 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Smethwick Rolfe Street 1.6 miles
  • University (Birmingham) 2 miles
  • Lordswood Boys' School 0.1 miles
  • Bearwood Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in B66:

  • £92,503
  • Price decrease

  • -£13,507
  • (-12.741%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £107,000
  • Properties sold

    19

Rental opportunities

Not known

Recent sales nearby

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The Agent

Price history

Sold prices provided by Land Registry
19th Jun 2020 £298,000 Price reduced by £52,000
16th Apr 2020 £350,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by York Laurent. 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 York Laurent for full details and further information.