£250,000
(£3,049/sq. ft)
3 bed semi-detached house for saleHamilton Drive, Smethwick, West Midlands B66
3 beds
1 bath
1 reception
82 sq. ft
EPC Rating: C
- Freehold
MECS Sales & Lettings
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About this property
Excellent Investment
Great Location
Rent £1250 pcm
Tenants in situ
6% Yield
EPC C
Discover An Exceptional Investment Opportunity With This Well-Presented Three-Bedroom House
Discover an exceptional investment opportunity with this well-presented three-bedroom house, ideally situated on Hamilton Drive in the popular area of Smethwick. This property offers a compelling proposition for both seasoned investors and those looking to enter the buy-to-let market, thanks to its excellent location and the significant advantage of having tenants already in situ.
Upon entering, you are greeted by a welcoming reception room, providing a comfortable space for relaxation and everyday living. The layout is practical and well-proportioned, catering perfectly to modern family life or professional sharers. The ground floor flows seamlessly, offering a functional living environment that is both inviting and easy to maintain.
The kitchen, while not explicitly detailed, is designed to serve the needs of the current occupants, providing essential facilities for daily meal preparation. The property benefits from one well-appointed bathroom, conveniently located to serve all three bedrooms. Each of the three bedrooms offers comfortable accommodation, making this an attractive prospect for a variety of tenants seeking a home in this vibrant area.
One of the most compelling features of this property is its status as an excellent investment. With tenants already in situ, generating a robust rental income of £1250 per calendar month, this property offers immediate returns and a seamless transition for the new owner. This eliminates the typical void periods and marketing efforts associated with new acquisitions, providing instant cash flow from day one. The current rental yield presents a highly attractive return on investment, making this a financially sound purchase.
The great location of Hamilton Drive further enhances its appeal. Smethwick is a thriving area with excellent transport links, including easy access to major road networks and public transport, facilitating commutes to Birmingham city centre and surrounding areas. The locality boasts a range of amenities, including local shops, supermarkets, schools, and recreational facilities, all within easy reach. This ensures strong tenant demand and contributes to the property's long-term capital appreciation potential.
This property is offered for sale at a competitive listing price of £250,000, representing superb value for a three-bedroom house with such strong investment credentials. The combination of a desirable location, a reliable income stream, and a well-maintained property makes this an unmissable opportunity. Investors seeking a low-risk, high-reward asset will find this property particularly appealing. Early viewing is highly recommended to fully appreciate the potential and secure this fantastic addition to your portfolio.
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