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Springfield Road, Moseley

PROPERTY TYPE

Detached

BEDROOMS

10

BATHROOMS

7

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

  • An Investment Opportunity Generating Over £60,000 Per Annum
  • Seven Self Contained Apartments within One Detached Building
  • Three Storey Detached Property with a Flexible Layout
  • Ten Bedrooms & Seven Bathrooms
  • Established Rental Business with Proven Income Stream
  • Bills Currently Included for Tenants
  • Gated Access Serving Just Two Properties
  • Ample Block Paved Off Road Parking
  • Workshop/Store with W.C Facilities
  • Situated in a Convenient Location with Strong Rental Demand

Description

A fantastic opportunity to acquire a substantial three-storey detached property arranged as a collection of 7 individual apartments. With a total of ten bedrooms and seven bathrooms, the property is currently fully utilised as an income-generating investment, achieving a rental yield in excess of £60,000 per annum. With its generous proportions, versatile layout and proven return, this is an ideal acquisition for investors seeking a ready-made addition to their portfolio. Currently provided with bills included for tenants

Property Frontage 

The property is situated back from the main road behind a gated access servicing just two properties and is set back from the road behind a block paved driveway providing ample off-road parking.  Access is gained via a composite front door leading into:

Ground Floor Entrance Hallway

With central heating radiator, stairs rising to the upper floors and door leading into:

Apartment 1: Lounge - 4.66m x 2.93m (15'3" x 9'7")

Having a double glazed window to the front elevation, central heating radiator and ceiling light point  

Apartment 1: Kitchen - 3.3m x 2.76m (10'9" x 9'0")

Having a range of oak effect base units and matching wall units, sink and drainer unit with mixer tap, free-standing electric cooker, ceiling light point and double glazed window overlooking rear garden

Apartment 1: Bedroom 1 - 2.27m x 2.81m (7'5" x 9'2")

Having a double glazed window to the front elevation, central heating radiator and ceiling light point

Apartment 1: Bedroom 2 - 2.77m x 2.81m (9'1" x 9'2")

With central heating radiator, ceiling light point and access to rear garden

Apartment 1: Shower Room

Having a pedestal wash hand basin, low flush WC and fully tiled shower area 

Apartment 2: Lounge - 4.66m x 3.61m (15'3" x 11'10")

Having double glazed bay window to the front elevation, central eating radiator and ceiling light point

Apartment 2: Kitchen - 3.55m x 2.34m (11'7" x 7'8")

Having a range of fitted base units and matching wall units, sink and drainer unit, tiled splash-backs, cooker with extractor fan, double oven, ceiling light point, and a double glazed door leading out to rear garden

Apartment 2: Bedroom - 3.51m x 3.63m (11'6" x 11'10")

Having double glazed patio doors leading out to the rear garden and a central heating radiator

Apartment 2: Office/Bedroom - 2.54m x 2.62m (8'4" x 8'7")

Currently utilised as a bedroom having central heating radiator and ceiling light point

Apartment 2: Shower Room - 1.93m x 1.21m (6'3" x 3'11")

Being predominantly tiled with enclosed shower cubicle, vanity wash hand basin and low flush WC

First Floor Landing

With stairs to second floor and doors to

Apartment 3: Studio - 2m x 2.93m (6'6" x 9'7")

Having a double glazed window to the front elevation and central heating radiator

Apartment 3: Kitchen Area - 1.7m x 3.01m (5'6" x 9'10")

With base units and matching wall units, free-standing electric cooker and space and plumbing for a washing machine

Apartment 3: Shower Room

With vanity wash basin, low flush WC and fully tiled shower area

Apartment 4: Lounge Area - 2.65m x 2.88m (8'8" x 9'5")

Having double glazed window to the rear elevation, central heating radiator and ceiling light point

Apartment 4: Kitchen - 2.21m x 3.59m (7'3" x 11'9")

Having a double glazed window to the rear elevation, ceiling lights, sink and drainer unit with mixer tap and door leading to sleeping area

Apartment 4: Bedroom - 1.61m x 2.21m (5'3" x 7'3")

With central heating radiator and ceiling light point

Apartment 4: Office/Bedroom - 2.34m x 2.21m (7'8" x 7'3")

Currently utilised as a double bedroom with central heating radiator and ceiling light point

Apartment 4: Shower Room

With tiled shower enclosure, vanity wash hand basin and low flush WC

Apartment 5: Sitting Area - 2.37m x 3.66m (7'9" x 12'0")

With central heating radiator and ceiling light point and ceiling emergency lighting 

Apartment 5: Kitchen - 2.18m x 3.61m (7'1" x 11'10")

Double glazed bay window to the front elevation, base units and matching wall units, sink and drainer unit with mixer tap, free-standing cooker and wall mounted extractor fan

Apartment 5: Bedroom - 2.16m x 2.16m (7'1" x 7'1")

Having a double glazed window to the front elevation, central heating radiator and ceiling light point

Apartment 5: Shower Room

With marble effect aqua panelling to walls, low flush WC and aqua panelled shower area

Second Floor

With doors to

Apartment 6: Studio - 2.48m x 2.94m (8'1" x 9'7")

Having double glazed Velux windows to apex roof and central heating radiator

Apartment 6: Kitchen Area - 3.56m x 2.93m (11'8" x 9'7")

With free-standing electric cooker and sink and drainer unit with mixer tap

Apartment 6: Shower Room - 1.95m x 1.11m (6'4" x 3'7")

Having fully tiled shower area, low flush WC and wash hand basin

Apartment 7: Lounge - 4.73m x 3m (15'6" x 9'10")

With Velux window to the rear elevation 

Apartment 7: Kitchen - 3.91m x 3m (12'9" x 9'10")

Having a range of fitted base units, free-standing cooker, space and plumbing for a washing machine and Velux windows to the front elevation 

Apartment 7: Bedroom - 3.74m x 2.13m (12'3" x 6'11")

With central heating radiator and ceiling light point

Apartment 7: Shower Room - 2.73m x 1.01m (8'11" x 3'3")

Having aqua panelled shower enclosure, vanity wash hand basin, low flush WC and central heating radiator 

Outside

There is a timber store area, ideal workshop with WC and ceiling strip lights 

Tenure

We are advised by the vendor that the property is freehold. We would advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by vendor. Current council tax band – G

Property Misdescriptions Act

Smart Homes have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order.  All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract.  Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.

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: G
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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Springfield Road, Moseley

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Affordability

Monthly repayments£3,267
Property: £ 650,000
Deposit: £ 65,000
Interest rate: 5.35%
Term: 30 years
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About Smart Homes Ltd, Shirley

316 Stratford Road Shirley Solihull B90 3DN
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Disclaimer - Property reference S1892910. 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 Smart Homes Ltd, Shirley. 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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