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Offers in region of

£350,000

(£325/sq. ft)

5 bed end terrace house for sale
Glencoe Road, Birmingham B16

    • 5 beds

    • 2 baths

    • 1 reception

    • 1,077 sq. ft

  • EPC Rating: D

  • Chain free
  • Freehold

Genie Homes

About this property

  • Social housing investment opportunity

  • Instant income generator with lease already in place

  • Five-bedroom end-terrace property

  • Approx. 1,899 sq ft of spacious accommodation across two floors

  • Private rear garden offering low-maintenance outdoor space

  • EPC Rating: D

  • 2% buyer’s fee applicable to this sale

  • Located in a popular and well-connected area ideal for long-term rental demand

  • Offered with No Onward Chain

  • Planning approval granted (08/08/2024) for a loft extension, valid for three years

Genie Homes are delighted to present this impressive five-bedroom, two-bathroom end-terrace social housing investment property in the heart of Edgbaston.

Offering spacious and intelligently arranged accommodation across two floors, this property perfectly combines comfort with practicality. Designed for modern living, it features a versatile layout, a private rear garden - an ideal addition to any investment portfolio.

Currently let on a three-year social housing lease signed in 2023, this property generates a rental income of £1,800 per calendar month (£21,600 per year) - a hands-off opportunity for savvy investors.

The welcoming entrance hallway leads to a bright and airy living room, while the full-width kitchen and dining area at the rear benefits from a side aspect and direct access to the garden, ideal for entertaining or relaxing outdoors. A convenient ground-floor shower room and two downstairs bedrooms further enhance the practicality of this home.

Upstairs, three additional bedrooms and a generous family bathroom provide ample space for family living or rental versatility.

Outside, the rear garden is primarily paved, offering low-maintenance outdoor space, while the side area provides valuable parking.

Located in one of Birmingham's most desirable suburbs, the property is perfectly positioned for access to Harborne, Edgbaston, and Birmingham City Centre, with excellent local amenities and transport links nearby.

Planning approval granted (08/08/2024) for a loft extension, valid for three years. Potential to add approximately 16.5 sqm of additional living space, enhancing both value and versatility.

Property Overview

This well-proportioned five-bedroom property offers smart, flexible living across two floors, complete with a low-maintenance private garden - making it an excellent addition to any investment portfolio.

Currently let on a three-year social housing lease (signed 2023), it delivers £1,800 pcm / £21,600 annually, providing a reliable, hands-off income stream.

The ground floor includes a bright living room, a full-width kitchen with garden access, a shower room, and two bedrooms. Upstairs, three further bedrooms and a family bathroom offer generous space and adaptability.

Outside, the paved rear garden and side parking add practicality to the home.

Set in a highly desirable Edgbaston location, close to Harborne and Birmingham City Centre, the property benefits from strong transport links and nearby amenities.

A solid, low-maintenance investment in a sought-after area.

Tenure: Freehold

Services: All mains' services are connected to the property.

Local Authority: Birmingham City Council

Council Tax Band: D

Area Information

Its close proximity to the University of Birmingham, Queen Elizabeth Hospital, and Birmingham's central business district.

The location benefits from an excellent mix of lifestyle amenities. Edgbaston Village, centred around Highfield Road and Greenfield Crescent, has become a vibrant hub for independent cafés, acclaimed restaurants, boutique shops, and artisan food outlets. For those who enjoy the outdoors, the area is home to Edgbaston Reservoir, the Birmingham Botanical Gardens, and nearby Cannon Hill Park, all offering green spaces ideal for walking, recreation, and family days out

Buyers Fee And Reservation

This sale is subject to A 2% plus VAT buyers fee based on the agreed sale price at a minimum fee of £2500 plus VAT.

If you make an offer and it is accepted, a minimum of 50% of the fee is payable in order to take the property off the market.

The benefits of a buyers fee to the buyer are:
- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.
- This approach allows you to secure the property and start the conveyancing process
quickly.
- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.
- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.
- All of these elements provide peace of mind from the outset, along with our personal and proactive approach. Genie Homes pride ourselves on our simple and secure buying process.

Please note: Should the property purchase not complete, the reservation fee will be refundable in only these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage / mortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

Disclaimer

Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure

Freehold
Possession

Tenant occupied ( Social Housing Lease )
Viewing

Viewing strictly by appointment through Genie Homes

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in B16

Property descriptions and related information displayed on this page are marketing materials provided by - Genie Homes. 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 Genie Homes for full details and further information.