2 bed flat for sale

Escelie Way, West Midlands B29

Description

Oakmans Estate Agents are delighted to present this excellent investment opportunity, comprising a well-maintained two-bedroom ground-floor apartment situated within a secure and sought-after development in a prime Birmingham location.

The property is currently tenanted until July 2027, providing an investor with an immediate rental income stream and an attractive opportunity to acquire a property with a tenant already in place. The apartment is presented in excellent condition throughout and offers a straightforward, hands-off investment from completion.

Internally, the property comprises a welcoming entrance hallway, bright and spacious living area, modern fitted kitchen with integrated appliances, two generous double bedrooms and a contemporary bathroom. The property further benefits from allocated parking, adding to its appeal for tenants and helping to support strong rental demand.

The apartment boasts an excellent EPC rating of B, offering good energy efficiency and making it an attractive proposition for both investors and tenants.

Positioned in a highly desirable Birmingham location, the property is conveniently situated for a wide range of local amenities, including shops, supermarkets, cafés, restaurants and leisure facilities. Its proximity to the University of Birmingham and Queen Elizabeth Hospital makes it particularly appealing to the professional and student rental markets, while Birmingham City Centre is also easily accessible.

Excellent transport links provide convenient access across Birmingham and the surrounding areas, with regular bus services and major road networks nearby. The property's location, combined with its two double bedrooms, allocated parking and existing tenancy, makes this an attractive investment opportunity for both new and experienced landlords.

Year the lease started 2018
Length of the lease in years 999
Annual Servuice Charge £1,636.00 Ground Rent £150.00

Scan the qr code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.

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 and is non-refundable.