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Property Description

Key features

  • Fantastic Buy to Let Freehold Investment, located in prime letting position
  • Freehold Opportunity Comprising X 6 FLATS
  • x4 Two bedroom flats and x2 three bedroom flats based in a 3 storey block - Can be sold with benefit of Tenancy or with Vacant Possession
  • Suitable also to return to x2 eight bedroom dwellings subject to local planning consents
  • Rental Gross Yield: 5.69% (according to above purchase price and rental)
  • Bank Valuation @ 650,000
  • 36,000 Rent P/A
  • Bathrooms, power shower & WC
  • Fully fitted modern kitchens
  • Fully Furnished

Full description

The premises occupies a prominent position, conveniently situated for easy reach of Moseley Village, Solihul, Sparkbrook and all respective amenities including local schools and Colleges. Moseley is a densely populated residential suburb, located approximately 3 miles from Birmingham City Centre.

The subject premises comprise a substantial, three-storey residential property, currently utilised on the basis of four very spacious two bedroom and two three bedroom flats. The premises was previously two separate eight bedroom households and has the potential to be returned to their original state.
Full height solid brick elevations (part rendered and painted), surmounted by a pitched tiled roof structure.
Internal elevations are plastered and painted. PVC double glazed windows, Gas fired central heating.
Floor coverings are predominantly carpet. Substantial gardens to rear with access via the side entry and via flats 1 and 2. Ample street parking.

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