Meadow Road, Birmingham
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
1,173 sq ft
109 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- SOCIAL HOUSING INVESTMENT OPPORTUNITY
- 4 Bedroom modern build built 2006
- Bathroom / WC
- En-Suite
- Rear Private garden
- Conservatory
- Spacious lounge
- 3 Storey
- Popular Location Quinton
- Freehold
Description
Situated in the reputable Quinton Mews, this property exudes modernity and convenience. With a generous 1,173 sq ft of living space, there is plenty of room . The property, built between 2000-2009, combines the allure of a newer build with the warmth of a well-established neighbourhood.
Parking is made easy with space for 2 vehicles, ensuring that your tenants can come and go with ease. The social housing lease in place since 2021 presents a fantastic opportunity for those looking to invest, with a monthly income of £1,125 and an annual income of £13,500.
Don't miss out on the chance to own a piece of Quinton Mews and secure a steady income stream. Whether you're looking to expand your property portfolio, this property has the potential to be the perfect fit. Book a viewing today and discover the possibilities that await you at this Birmingham abode on Meadow Road!
Property Description - **** NEW INSTRUCTION ****SOCIAL HOUSING INVESTMENT OPPORTUNITY **** LEASE IN PLACE, INSTANT INCOME GENERATOR **** INCOME £1,300 pcm
A modern constructed 4 bedroom 2 bathroom terrace residence, situated conveniently in Quinton Mews near to local amenities and bus routes. Rental income £1,300 pcm . 5 years Social housing lease since 2021.
Ground floor features entrance hall with laminated flooring, contemporary fully fitted kitchen with integrated appliances, spacious lounge and a generous conservatory that provides access to the walled private rear garden.
The first floor accommodates two well proportioned bedrooms and a modern bathroom.
On the second floor, there is two sizable bedrooms with a fitted en suite shower room located in room 4.
Walled private rear garden
Epc C
Council Tax Banding D
Annual Income £15,600
2% buyers Fee
Buyers Fee And Reservation - This sale is SUBJECT TO A 2% PLUS VAT BUYERS FEE based on the agreed sale price at a minimum fee of £2500 plus VAT.
If you make an offer and it is accepted, a minimum of 50% of the fee is payable within 2 working days in order to take the property off the market.
The benefits of a buyers fee to the buyer are:
- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.
- This approach allows you to secure the property and start the conveyancing process
quickly.
- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.
- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.
- All of these elements provide peace of mind from the outset, along with our personal and proactive approach.Genie Homes pride ourselves on our simple and secure buying process.
Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage / remortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)
Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
TENURE
Freehold
POSSESSION
Tenanted
VIEWING
Viewing strictly by appointment through Genie Homes
Brochures
Meadow Road, BirminghamBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Meadow Road, Birmingham
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Visit our security centre to find out moreDisclaimer - Property reference 32901076. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Genie Homes, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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