Sold subject to contract

Guide price

£70,000

2 bed maisonette for sale
Merryfield Close, Solihull B92

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Auction

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About this property

    Summary

    Situated within a well established residential area of Solihull, this two bedroom maisonette on Merryfield Close presents an excellent opportunity for investors seeking an income-producing asset with future potential.

    The property is currently tenanted and generating a rental income of 800 per calendar month, offering an immediate return from completion. The accommodation comprises a spacious living room, fitted kitchen, two well proportioned bedrooms, and a family bathroom, providing comfortable living space for occupants.

    Positioned close to a range of local amenities, schools, public transport links, and major road networks, the property enjoys a convenient location that continues to attract tenant demand. The area offers easy access to Solihull town centre, Birmingham Airport, the nec, and surrounding business hubs, making it a popular choice for renters.

    With approximately 38 years remaining on the lease, the property is priced to reflect the short lease term and presents an opportunity for experienced investors to explore future asset management and value enhancement strategies. Whether you are looking to expand an existing portfolio or secure a property with established rental income, this maisonette offers strong investment appeal at an attractive auction guide price.

    Council Tax Band: B
    Tenure: Leasehold
    Length of Lease: 38
    Annual Ground Rent Amount: 33.00

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