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Offers over

£143,000

2 bed flat for sale
Hagley Road, Birmingham B16

    • 2 beds

    • 1 bath

  • EPC Rating: D

  • Leasehold

Let Property

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About this property

    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.

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    Stamp duty calculator

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    More information

    • Tenure

      Leasehold (100 years)

    • Service charge

      £2,796 per year

    • Council tax band

    • Ground rent

    • Ground rent date of next review

    See all recent sales in B16

    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.