2 bed flat for sale

Jefferson Place Grafton Road, West Bromwich B71

A ready-made investment opportunity located within the consistently strong rental area of Jefferson Place, Grafton Road, West Bromwich, B71 4EY, currently generating £895 pcm from reliable long-term tenants with no arrears history.

Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 12%. Comparable rental properties within Jefferson Place and the surrounding B71 area are currently achieving between £900–£1,000 pcm for similar two-bedroom apartments, supporting strong future rental growth potential.

Recent sales within Jefferson Place have ranged between £91,000–£120,500, highlighting the area’s continued demand and underpinning the opportunity for both income and capital appreciation.

The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio.

Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.