Offers in region of
£150,000
(£179/sq. ft)
3 bed maisonette for saleHobs Moat Road, Solihull B92
3 beds
1 bath
1 reception
840 sq. ft
EPC Rating: B
About this property
Duplex Maisonette
Investment Opportunity
Requiring Modernisation
Most Convenient Location
Good Size Living Room
Breakfast Kitchen
Three Bedrooms & Bathroom
Outside Patio Area & Garage
Solar Photovoltaics
Long Lease & No Chain
A spacious three bedroom duplex maisonette, with a garage en-bloc, boasting a wide variety of amenities on the doorstep including convenience stores, takeaways and public transport links.
Benefiting from economical electric heating with solar photovoltaics spanning the roof, the accommodation briefly comprises an entrance hall, a good size living room and a breakfast kitchen. Upon the floor above there is a landing, three bedrooms and a family bathroom. Located over retail premises, there is a patio area directly outside the property and a single garage with a roller shutter door near the bottom of the communal stairwell.
Requiring modernisation, having a very long Lease with over 900 years remaining, being subject to a nominal peppercorn ground rent with no service charge payable and having no upward chain, the maisonette would make an excellent addition to an investor's rental portfolio offering a potential yield in excess of 8% once remedial works have been carried out.
The property is situated approximately two and a half miles from Solihull Town Centre whilst the nearby A45 Coventry Road provides direct access to Birmingham International Airport, Resorts World, Birmingham City Centre and the Midlands motorway network. Several well-regarded schools are also within close proximity.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
A
Ground rent
£50
Ground rent date of next review
.png)