3 bed semi-detached house for sale

Summerfield Crescent, Birmingham B16

Description

** unique business opportunity ** two flats ** flat 1 vacant ** ** flat 2 vacant **

Viewings are highly recommended for this exceptional investment opportunity situated on the popular Summerfield crescent. This property boasts no upward chain and has been split into two self-contained flats which has the potential to offer a fantastic yield of 9%.

Flat 1: A refurbished, one bedroom, ground floor flat with two access points via front and rear. Briefly comprising communal entrance hall, lounge with french doors leading to patio area and garden, double bedroom, modern fitted kitchen and family bathroom.

Flat 2: A duplex, one bedroom flat has been refurbished to a high standard throughout. Briefly comprising landing, lounge diner, modern breakfast kitchen and bathroom with stairs leading to large, recently decorated double bedroom.

Property type: Semi-detached house
Tenure: Freehold
Council Tax Band: Both flats = A
EPC Rating: D
Construction Type: Standard construction
Parking Arrangements: On street parking street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No

Call Oakmans today!

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Anti-money Laundering Checks (aml)

To meet our legal obligations under Anti-Money Laundering regulations and current hmrc guidance, we complete electronic identity and compliance checks for all buyers. This includes verifying proof of funds and, where required, the source of those funds.

A one-off fee of £100 + VAT applies to the first buyer, with a reduced fee of £50 + VAT for each additional buyer. Where gifted funds are being used, identity verification for each gift donor is £30 + VAT.
These checks help protect everyone involved in the transaction and are completed once an offer has been accepted, before the memorandum of sale is issued.