£120,000
1 bed maisonette for saleAlwold Road, Birmingham B29
1 bed
1 bath
1 reception
EPC Rating: C
- Chain free
- Leasehold
Oakmans Estate Agents
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About this property
First-floor maisonette
No upward chain
Large front living room
Double bedroom
Fitted kitchen
Family bathroom
Ideal first buy or investment
Potential 7.6% rental yield
Oakmans Estate Agents are pleased to present this well-presented first-floor maisonette, offered to the market with no upward chain, making it an excellent opportunity for first-time buyers and investors alike.
The property offers a practical and well-laid-out accommodation, comprising a large living room to the front, a generous double bedroom, a fitted kitchen, and a family bathroom. The layout is bright and functional, ideal for both owner occupation and rental purposes.
Situated within a popular and well-established residential area, the property is ideally located for access to the Queen Elizabeth Hospital Birmingham and the University of Birmingham, both of which are within close proximity and underpin strong, consistent rental demand. The surrounding area offers a wide range of local amenities including supermarkets, cafés, restaurants and everyday shops.
Transport links are excellent, with nearby bus routes and rail connections providing easy access into Birmingham city centre and surrounding areas, making the location particularly attractive to professionals and students.
For investors, the property offers an impressive potential rental yield of approximately 7.6%, representing a strong return in a proven and high-demand location.
This is a fantastic opportunity to acquire a low-maintenance property in a prime location, and early viewing is highly recommended.
Anti-money Laundering Checks (aml)
Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.
We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.
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More information
Tenure
Leasehold (118 years)
Service charge
£286 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review