Ridgacre Lane, Birmingham
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
- 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
- Through lounge/dining room, fitted kitchen, bathroom, gas central heating, double glazing, rear garden.
Description
Excellent Investment Opportunity – Tenants in Situ
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Traditional Three Bedroom Semi-Detached Family Home
Situated within a popular and well-established residential area of Quinton, this traditional three-bedroom semi-detached property offers an excellent opportunity to acquire a well-proportioned family home with immediate rental income.
Currently let to a young family at £895 per calendar month, the property presents an attractive investment opportunity whilst also offering excellent future potential for owner occupation upon vacant possession. Although the property would benefit from a degree of cosmetic modernisation, it offers spacious accommodation, gas central heating, double glazing and generous front and rear gardens.
Occupying a prominent corner position, the property enjoys an attractive outlook and is conveniently located close to local amenities, schools, transport links and motorway networks.
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Accommodation
Ground Floor
Entrance Hall
Welcoming entrance hall providing access to the principal reception room and staircase leading to the first floor.
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Through Lounge/Dining Room
7.20m into bay x 3.03m into recess
(23'7" x 9'11")
A spacious dual-purpose reception room extending the full depth of the property, featuring a walk-in bay window to the front elevation allowing an abundance of natural light. There is ample space for both lounge and dining furniture, making this an ideal family living area.
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Fitted Kitchen
2.85m x 2.08m
(9'4" x 6'10")
Fitted with a range of wall and base units incorporating work surfaces, sink unit and space for domestic appliances. Window overlooking the rear garden together with door providing access outside.
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First Floor
Bedroom One (Front)
3.85m into bay x 3.01m
(12'8" x 9'11")
Excellent principal bedroom with attractive bay window overlooking the front aspect.
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Bedroom Two (Rear)
3.33m x 2.91m
(10'11" x 9'7")
Good-sized double bedroom enjoying views over the rear garden.
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Bedroom Three
2.37m x 1.80m
(7'9" x 5'11")
Ideal single bedroom, nursery or home office.
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Bathroom
1.96m x 1.65m
(6'5" x 5'5")
Comprising bath with shower over, wash hand basin and low-level WC.
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Outside
The property benefits from enclosed gardens to both the front and rear.
The front garden is screened by mature evergreen hedging providing an excellent degree of privacy from the road whilst enhancing the property's kerb appeal.
A pathway leads to the main entrance with useful side access to the rear.
The rear garden provides an ideal outdoor family space with scope for landscaping and improvement.
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Investment Information
Current Rental Income:
£895 per calendar month
Annual Income:
£10,740 per annum
The property is sold subject to the existing tenancy, making it ideal for buy-to-let investors seeking immediate rental income with future asset growth potential.
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Location
Ridgacre Lane is one of Quinton's established residential roads comprising predominantly traditional semi-detached family homes.
The property enjoys an excellent position close to everyday amenities whilst remaining within easy reach of Birmingham City Centre.
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Shopping & Leisure
Residents benefit from an excellent range of shopping facilities including:
• Quinton Shopping Centre
• Ridgacre Road local shopping parade
• Tesco Superstore
• Asda Queslett Road
• Morrisons Halesowen
• Sainsbury's Oldbury
• M5 Retail Park
• Merry Hill Shopping Centre (approximately 20 minutes)
Nearby leisure facilities include:
• Woodgate Valley Country Park
• Lightwoods Park
• Harborne Golf Club
• Birmingham Rowheath Pavilion
• David Lloyd Leisure
• Local gyms and recreational facilities
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Schools
The property is well positioned for a number of highly regarded schools including:
• Four Dwellings Primary Academy
• World's End Infant & Junior School
• Our Lady of Fatima Catholic Primary School
• Four Dwellings Academy
• Hillcrest School & Sixth Form Centre
• Bartley Green School
• Lordswood Girls' School & Sixth Form Centre
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Transport
Excellent commuter links include:
• Regular bus services along Ridgacre Lane and Hagley Road West
• Easy access to Birmingham City Centre
• Junction 3 of the M5 Motorway within approximately five minutes
• Excellent connections to the M42 and wider motorway network
• Nearby rail services available from Smethwick Galton Bridge and University Station
Birmingham City Centre is approximately 5 miles distant.
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Additional Features
• Traditional semi-detached residence
• Three bedrooms
• Through lounge/dining room
• Fitted kitchen
• Family bathroom
• Gas central heating
• Double glazing
• Front and rear gardens
• Popular residential location
• Excellent transport links
• Investment opportunity
• Tenants in situ
• Scope for future modernisation
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Marketing Comment
A traditional three-bedroom semi-detached family home occupying a prominent corner position within this popular residential location. Offering spacious accommodation together with gas central heating, double glazing and established gardens, the property is currently let to reliable tenants producing an immediate rental income of £895 per calendar month.
The property offers excellent long-term investment potential with scope to enhance both rental and capital value through future modernisation. Conveniently situated for local schools, shopping facilities, public transport and motorway links, this is an opportunity that will appeal equally to experienced landlords and investors seeking a quality addition to their portfolio.
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Guide Price
Offers in the Region of £249,950
Viewing Strictly by Appointment
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Brochures
Brochure 1- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Back garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ground floor
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About Thistle Estates, Birmingham
1A King Edward Road, Moseley, Birmingham, B13 8HR
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