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Meadow Road, Birmingham

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

2

SIZE

1,173 sq ft

109 sq m

TENURE
Describes 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

Welcome to Meadow Road, Birmingham - a charming location that could be the perfect setting for your new investment opportunity! This contemporary terraced house boasts 4 bedrooms and 2 bathrooms spread across three floors, offering ample space for potential tenants.

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.
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Meadow Road, Birmingham

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About Genie Homes, Birmingham

1668 Bristol Road South Rubery Rednal Birmingham B45 9TY
Industry affiliations:Industry affiliation logo 0

Genie Homes, based in Birmingham and the Black Country, are the areas most dedicated HMO and letting enthusiasts. Combining 50 years of property experience and an intimate knowledge of Birmingham's letting and HMO letting scenes, we go the extra mile to provide a quality service for investors, landlords and our tenants.

Situated in Longbridge, we have a team of knowledgeable and driven staff that cover all corners of the Birmingham market. Whether it's booking a viewing, asking for help with your portfolio or checking your property is fully compliant with up to date legislation, no task is too small.

Working in the professional lettings market our aim is to provide tenants with the highest quality accommodation in the sector. Much of our stock has been designed by us from start to finish using our trusted workforce so tenants can look forward to the most aesthetic, practical and comfortable rooms and studios Birmingham has to offer.

Our systems ensure that the lettings process for tenants is seamless and efficient. We provide a quick and thorough application process to enable a fast move in. Maintenance software guides you through any issues you may have and alerts us to the problem swiftly, and our dedicated property manager is there to take your hand and help you every step of the way.

For landlords the message is simple. Genie Homes aim to:

- Offer the right advice in an ever-changing lettings landscape.

- Provide all the support you need. From letting and rent collection to maintenance and cleaning.

- To successfully let your property to the professional market.

- Remove the headache of managing your own portfolio by providing a totally hands off package.

We're looking forward to hearing from you.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,447
We think you can borrow up to
Add your household income above
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Disclaimer - 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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