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Cradley Croft, Handsworth, Birmingham

PROPERTY TYPE

Terraced

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

Key features

  • Available To Landlords Only, Marketed With Tenants In Situ
  • Long Term Contract, Generating £15,000 pa
  • Mid Terrace Residence
  • Two Reception Rooms
  • Fitted Dining Kitchen
  • First Floor Bathroom & Separate WC
  • front & Rear Gardens
  • EPC Rating D

Description

MARKETED WITH TENANTS IN SITU - LONG-TERM CONTRACT - GENERATING £15,000 PER ANNUM

A traditional residential property offered to the market with tenants in situ and a long-term tenancy contract in place, currently generating an attractive rental income of approximately £15,000 per annum. The property offers spacious and versatile accommodation and represents an opportunity for landlords and investors seeking an established residential investment with an existing income stream.

The property is situated on a residential grove and is approached via a front garden leading to a hallway entrance, providing access to the ground-floor accommodation. The ground floor comprises a fitted kitchen/dining room, offering a practical space for both cooking and dining, together with two separate reception rooms, both of which are currently utilised as bedrooms, providing additional sleeping accommodation and flexibility to the current layout.

To the first floor are three well-proportioned bedrooms, offering further comfortable accommodation, together with a family bathroom and separate WC.

Externally, the property benefits from both front and rear gardens, providing useful outdoor space and further enhancing the property's appeal.

Being sold with tenants in situ on a long-term contract and currently producing £15,000 per annum, the property is particularly suited to landlords and investors looking for an established rental investment. 

For Vendors:-

To ensure compliance with Anti-Money Laundering Regulations, and details of ownership of the property to be marketed we will pass your details on to our identification confirmation company - Coadjute - who will carry out the required checks. This is not a credit check. There is a charge of £45 inclusive of VAT per vendor, which is non-refundable. A record of this search will be retained by our search provider and by Henley Charles electronically, and or within the relevant property file. You also agree to provide us with any information or documents we request to meet this obligation. We can require sight of documentary proof of address, together with acceptable photographic ID, such as a passport or photo driving licence. We may use both of these methods to meet our obligation. Copies/records may be taken and held on file.

For Buyers:-

To ensure compliance with Anti-Money Laundering Regulations, we will pass your details on to our identification confirmation company Coadjute who will carry out the required checks. This is not a credit check. There is a charge of £45 inclusive of VAT per buyer, which is non-refundable. A record of this search will be retained by our search provider and by Henley Charles electronically, and or within the relevant property file. You also agree to provide us with any information or documents we request to meet this obligation. We may require sight of documentary proof of address, together with acceptable photographic ID, such as a passport or photo driving licence. We may use both of these methods to meet our obligation. Copies/records may be taken and held on file  
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.
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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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Cradley Croft, Handsworth, Birmingham

Approximate location

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Affordability

Monthly repayments£972
Property: £ 200,000
Deposit: £ 20,000
Interest rate: 5.05%
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.
Extension potential
Recently sold & under offer
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About Henley Charles, Handsworth

306 Rookery Road, Handsworth, Birmingham, B21 9QG
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Moving is a busy and exciting time and we're here to make sure the experience goes as smoothly as possible by giving you all the help you need under one roof.

Henley Charles has always used computer and internet technology, but the company's biggest strength is the genuinely warm, friendly and professional approach that we offer all of our clients.

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Disclaimer - Property reference 100592010117. 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 Henley Charles, Handsworth. 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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