2 bed flat for sale

Mehdi Road, Oldbury, Sandwell B69

Mehdi Road, Oldbury, Sandwell, B69 2Ge

Situated on Mehdi Road, Oldbury, Sandwell, this well-positioned two-bedroom ground-floor flat presents an attractive buy-to-let investment opportunity, combining strong tenant appeal, convenient amenities and scope for future rental growth.

The property benefits from its own private entrance and allocated parking space, providing practical features that are particularly appealing to long-term tenants. It is currently occupied by a long-standing tenant, giving an investor the benefit of an established tenancy and continuity of rental income from day one. There is also potential to review and increase the current rent over time, subject to the tenancy terms and prevailing market conditions.

The location adds further appeal, being close to Oldbury town centre with easy access to a range of shops, supermarkets, schools, services and everyday amenities. Its convenient position helps support tenant demand and makes the property well suited to those seeking an affordable home close to local facilities.

For commuters, the property offers excellent road connectivity, with easy access to Junction 2 of the M5, providing convenient links towards Birmingham, the wider West Midlands and surrounding areas.

Overall, the property offers an established long-term tenant, immediate rental income, potential for rental growth, private access, allocated parking and strong transport links. Its combination of affordability, location and investment potential makes it an appealing opportunity for landlords seeking a property with dependable rental appeal and longer-term growth potential.

Please note, lettings and management charges may apply.

Financial Breakdown

Gross Rent: £7,500.00
Net income: £6,375.00
Gross yield: 6.82%
Net yield: 5.8%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08661