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Edgbaston Road, Smethwick, West Midlands, B66

PROPERTY TYPE

Detached

BEDROOMS

6

BATHROOMS

4

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

Key features

  • 4 Self Contained Flats, All Occupied
  • Generating £31,900 per Annum
  • Freehold Property with No Chain
  • Fantastic Investment Opportunity
  • Potential to Extend and Improve
  • Near to Local Amenities, Transport Links, and close to Midland Metropolitan University Hospital
  • Some decorating and refurbishment needed

Description

This brilliant and unique investment opportunity is not to be missed! This substantial three-storey mid-terraced property has been thoughtfully converted into four self-contained flats, all currently occupied and producing an impressive annual rental income of £31,900. Situated on a popular residential road, the property is conveniently located close to local shops, transport links and the Metropolitan Hospital, making it an attractive proposition for investors.The property is approached via a private driveway, with side access leading to the rear garden and a communal entrance providing access to the individual apartments. The accommodation comprises one studio flat, two one-bedroom flats and a three-bedroom flat, with each unit benefiting from its own kitchen, bathroom and living accommodation.The ground floor provides the largest of the apartments, comprising a spacious lounge, three bedrooms, a fitted kitchen/diner and a family bathroom. The lounge features a double-glazed side window and provides access to the kitchen and bedrooms. Bedroom 1 benefits from a large bay window overlooking the front, while Bedrooms 2 and 3 provide further well-proportioned accommodation. The fitted kitchen/diner offers a range of wall and base units, cooker, sink and drainer, with the bathroom completing this apartment.The first floor provides access to Flats 2 and 3, offering two separate one-bedroom apartments. Both benefit from their own lounge, fitted kitchen/diner, bedroom and bathroom facilities. The accommodation provides comfortable and practical living spaces, with double glazing and central heating featured throughout.The second floor is home to Flat 4, which offers a particularly spacious layout. The lounge measures approximately 20'4" x 8'10" and is currently utilised as a bedroom, while the property also benefits from a further double bedroom, kitchen/diner and en-suite shower room. The upper-floor accommodation features attractive sloped ceilings, with the lounge also benefiting from a skylight and front-facing double-glazed window.Externally, the property benefits from a front driveway with side gate access to the substantial rear garden. The rear garden provides excellent outdoor space and includes a brick-built garage/storage building, while metal stairs provide external access to the first and second floors. Given the size of the plot, there may also be potential to extend or further improve the property, subject to the necessary planning permissions and consents.The combination of four self-contained units, an established rental income of £31,900 per annum, private parking, a substantial rear garden and a convenient residential location makes this an excellent investment opportunity. The property is being sold as a whole and offers considerable scope for both immediate income generation and future enhancement.

Entrance Hall/Flat 1
Stairs to first floor, door to lounge.

Lounge 13' x 9' 10" ( 3.96m x 3.00m )
Double glazed window to side, doors to kitchen and bedrooms 2 & 3, laminate flooring.

Bedroom 2 13' 1" x 11' 7" ( 3.99m x 3.53m )
Double glazed window to rear, carpet, central heating radiator, door to bedroom 1.

Bedroom 3 10' 2" x 7' 3" ( 3.10m x 2.21m )
Double glazed window to side, central heating radiator, laminate flooring.

Bedroom 1 13' 5" x 12' 9" ( 4.09m x 3.89m )
Double glazed bay window to front, carpet, accessed via bedroom 2,

Kitchen/Diner 13' 9" x 9' 10" ( 4.19m x 3.00m )
Range of wall & base units, gas cooker, sink & drainer, central heating radiator.

Bathroom 9' 10" x 4' 3" ( 3.00m x 1.30m )
Low level flush w/c, wash hand basin with storage beneath, bath with shower attachment on tap, wall mounted central heating boiler.

First Floor Landing 
Access to flats 2 & 3.

Lounge 13' 1" x 12' 6" ( 3.99m x 3.81m )
Double glazed window to front, carpet.

Kitchen/Diner 12' 3" x 9' ( 3.73m x 2.74m )
Double glazed window to rear, range of wall & base units, cooker, sink & drainer, laminate flooring.

Bedroom 12' 9" x 9' ( 3.89m x 2.74m )
Double glazed window to front, central heating radiator, carpet.

Bathroom 5' x 3' 10" ( 1.52m x 1.17m )
Double glazed window to front, shower with glass screen, low level flush w/c, wash hand basin.

Kitchen/Diner 12' 3" x 9' 8" ( 3.73m x 2.95m )
Double glazed window to rear, central heating radiator, lino flooring, range of base units, sink & drainer, cooker, wall mounted central heating boiler.

Bedroom 13' 1" x 11' 6" ( 3.99m x 3.51m )
Double glazed window to rear, central heating radiator, laminate flooring.

Bathroom 6' 11" x 6' 11" ( 2.11m x 2.11m )
Double glazed window to side, shower with glass door, low level flush w/c, wash hand basin.

Second Floor Landing 
Access to flat 4.

Lounge 20' 4" x 8' 10" ( 6.20m x 2.69m )
(currently used as a bedroom). Double glazed window to front & skylight, central heating radiator, sloped ceiling.

Kitchen/Diner 13' 11" x 10' 10" ( 4.24m x 3.30m )
Double glazed window to rear & door to rear, range of base units, double cooker, sink & drainer, sloped ceiling, wall mounted central heating boiler.

Bedroom 12' 9" x 12' 4" ( 3.89m x 3.76m )
Double glazed window to front, laminate flooring, sloped ceiling.

En-Suite 7' 5" x 3' 7" ( 2.26m x 1.09m )
Double glazed window, wash hand basin, low level flush w/c, shower, central heating radiator.

Front Garden 
Driveway, side gate access to rear garden.

Rear Garden 
Large rear garden, brick-built garage/storage to rear of the garden, metal stairs to access 1st & 2nd floors, side gate to access front garden.EARLY VIEWING IS HIGHLY RECOMMENDED DUE TO THE PROPERTY BEING PRICED FOR A QUICK SALE.

*** FOR FURTHER INFORMATION PLEASE CALL: ***

Please Note:

Under the terms of The Estate Agents Act 1979 it is hereby confirmed that Future Planned Relocation Services Ltd (Get An Offer) has a legal interest in this property.

Images may be subject to photographic enhancements and staging for marketing purposes.

All details and measurements have been given for guidance purposes only. Due to the nature of our business our details are usually produced by a third party so any information supplied should be checked by yourself for any inaccuracies.

Although this property may have the facility of heating and other appliances they have not been tested at the time of our instructions.
Get an Offer makes no guarantees as to the accuracy within these property details.

Brochures

Full Details
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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Edgbaston Road, Smethwick, West Midlands, B66

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Affordability

Monthly repayments£2,422
Property: £ 500,000
Deposit: £ 50,000
Interest rate: 5.02%
Term: 30 years
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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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38a Goring Road, Goring-By-Sea, Worthing, BN12 4AD
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Disclaimer - Property reference 12900523. 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 GET AN OFFER, Worthing. 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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