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3 bedroom semi-detached house for sale

Hamilton Drive, Smethwick, West Midlands, B66 3SX

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

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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

Floorplan 1
1

Key features

  • Excellent Investment
  • Great Location
  • Rent £1250 PCM
  • Tenants in situ
  • 6% Yield
  • EPC C
  • Two parking spaces available
  • No service charge

Description

Discover an exceptional investment opportunity with this well-presented three-bedroom house, ideally situated on Hamilton Drive in the popular area of Smethwick. This property offers a compelling proposition for both seasoned investors and those looking to enter the buy-to-let market, thanks to its excellent location and the significant advantage of having tenants already in situ.

Upon entering, you are greeted by a welcoming reception room, providing a comfortable space for relaxation and everyday living. The layout is practical and well-proportioned, catering perfectly to modern family life or professional sharers. The ground floor flows seamlessly, offering a functional living environment that is both inviting and easy to maintain.

The kitchen, while not explicitly detailed, is designed to serve the needs of the current occupants, providing essential facilities for daily meal preparation. The property benefits from one well-appointed bathroom, conveniently located to serve all three bedrooms. Each of the three bedrooms offers comfortable accommodation, making this an attractive prospect for a variety of tenants seeking a home in this vibrant area.
One of the most compelling features of this property is its status as an excellent investment. With tenants already in situ, generating a robust rental income of £1250 per calendar month, this property offers immediate returns and a seamless transition for the new owner. This eliminates the typical void periods and marketing efforts associated with new acquisitions, providing instant cash flow from day one. The current rental yield presents a highly attractive return on investment, making this a financially sound purchase.

The great location of Hamilton Drive further enhances its appeal. Smethwick is a thriving area with excellent transport links, including easy access to major road networks and public transport, facilitating commutes to Birmingham city centre and surrounding areas. The locality boasts a range of amenities, including local shops, supermarkets, schools, and recreational facilities, all within easy reach. This ensures strong tenant demand and contributes to the property's long-term capital appreciation potential.

This property is offered for sale at a competitive listing price of £250,000, representing superb value for a three-bedroom house with such strong investment credentials. The combination of a desirable location, a reliable income stream, and a well-maintained property makes this an unmissable opportunity. Investors seeking a low-risk, high-reward asset will find this property particularly appealing. Early viewing is highly recommended to fully appreciate the potential and secure this fantastic addition to your portfolio.

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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Hamilton Drive, Smethwick, West Midlands, B66 3SX

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Renovation potential
Recently sold & under offer
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About MECS, Harborne

318 High Street Harborne Birmingham B17 9PU
Industry affiliations:Industry affiliation logo 0

Independant and rooted in Harborne, MECS Property delivers expert sales, lettings, and management services across Birmingham. Since 2009, we’ve built a trusted reputation with landlords, tenants, and homeowners by focusing on results, service, and unmatched local knowledge.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,141
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference MCS_MCS_LFSYCL_321_477480197. 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 MECS, Harborne. 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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