South Road, Erdington

Genie Homes are excited to represent South Road in the vibrant area of Erdington, this impressive terraced house presents a remarkable investment opportunity for those seeking a modern professional house share generating gross rental £4,170 pcm gross annual income £50,040 . Spanning an ample 1,561 square feet, the property boasts six generously sized bedrooms, each luxuriously furnished and adorned with contemporary décor, ensuring a comfortable and stylish living environment.

The house features six well-appointed en-suites, including double rooms, providing convenience and privacy for all residents. The layout is thoughtfully designed to cater to the needs of modern living, making it an ideal choice for professionals seeking a shared accommodation experience.

Situated in a prime location, this property is just a short stroll away from a variety of shops and supermarkets, ensuring that daily necessities are easily accessible. Additionally, the excellent transport links nearby make commuting a breeze, with Erdington Station just nine minutes away and Gravelly Hill Station a mere eighteen minutes from your doorstep.

This property not only offers a fantastic living space but also represents a lucrative opportunity for investors looking to capitalise on the growing demand for quality house shares in the area. With its blend of modern amenities and strategic location, this terraced house on South Road is a must-see for anyone looking to invest in a thriving community.

Property Overview - Erdington, B23

Luxuriously furnished bedrooms with modern décor, located close to shops, supermarkets and excellent transport links.

Property features:

Spacious lounge with flat-screen TV

Fully fitted kitchen with appliances (cooker, 2 fridges, washing machine, tumble dryer)

Dining area & maintained garden

Double glazing & central heating

Council Tax Band B

Benefits:

Double en-suite rooms

Large kitchen & lounge

Location highlights:

4 mins to Tesco Express & BP

5 mins to Erdington High Street

6 mins to Six Ways

9 mins to Erdington Station / 18 mins to Gravelly Hill Station

Area Description - Erdington - Erdington is a suburb of Birmingham, located in the West Midlands region of England. It is situated approximately 6 miles north of the city centre and is easily accessible by public transport, including buses and trains.

Erdington has a range of local amenities including supermarkets, restaurants, and shops. There are also several parks and green spaces in the area, including Erdington Park and the Sutton Park. The suburb has a number of cultural and recreational facilities, including the Erdington Library and the Erdington Leisure Centre.

In terms of transport links, Erdington is well-connected to the rest of the city and beyond. It has its own railway station, which provides regular services to Birmingham city centre and other destinations in the West Midlands region. The suburb is also served by a number of bus routes, which provide connections to other parts of Birmingham and the surrounding area.

Rental Breakdown - £775
£649
£549
£749
£849
£599

Total monthly gross rental £4,170
Annual Gross rental £50,040

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 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 / mortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

Disclaimer - 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
Tenant occupied

VIEWING
Viewing strictly by appointment through Genie Homes