
Timberley Lane, Castle Bromwich, West Midlands

- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Four large self-contained flats
- Popular residential area close to the centre of Castle Bromwich above the Shopping Centre
- Gross and Reversionary Income £36,000 per annum
- Net income £31,515.44 per annum
- Break-up potential
- Offers invited at £430,000
- Gross yield 8.37%, Net yield 7.32% before costs
Description
Castle Bromwich is a large suburban village in the metropolitan borough of Solihull. It lies 5 miles (8km) due west of Birmingham City Centre. It benefits from good communications and less than 5 minutes drive time to J5 of the M6, connecting into the motorway network.According to the 2017 Census, the population is 12,309 persons. The property is well served by public transport
including Birmingham City Centre, Sutton Coldfield, Solihull and Birmingham Airport. Castle Bromwich is probably most famous for the Jaguar Land Rover complex, which currently
employs over 2,500 persons and indirectly a far greater number.
Timberley Lane runs in a northern direction at the junction of Brownfield Close to connect with Chester Road, which is part of the B411 trunk road to the north, thus forming easy access
to Birmingham City Centre.
The area immediately to the south of the junction with Chester Road on Timberley Lane is predominantly residential. The socio-economic profile is mixed, but is in a higher quartile.
The subject property forms part of a neighbourhood centre, probably erected some 40 to maybe 50 years ago on both sides of Timberley Lane. This property forms part of a parade of 38
shops. The shops and the flats benefit from a large service yard approached from Thistledown Road where the car park is available.
In summary, this property occupies a very convenient location for local shopping facilities and for all further access into Birmingham City Centre by public transport.
Disclaimer Note & Money Laundering Wb - These sales particulars have been prepared by FHP Living on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract. Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.
Brochures
11679 - 25-29 Timberley Lane, Castle Bromwich.pdf- 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: A
- 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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Energy performance certificate - ask agent
Timberley Lane, Castle Bromwich, West Midlands
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Visit our security centre to find out moreDisclaimer - Property reference 34589191. 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 FHP Living, West Bridgford. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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