Wood End Road, Birmingham, B24

Exceptional Investment Opportunity – Six Self-Contained Apartments – Generating £39,720 Per Annum

Genie Homes are delighted to present this excellent opportunity to acquire a fully income-producing investment property comprising six self-contained studio apartments, each benefiting from private en-suite bathroom facilities and its own kitchenette.

Extending to approximately 1,560 sq ft, the property has been configured to provide independent living accommodation with no communal living areas, offering tenants privacy, convenience and practical living spaces.

The property currently generates a gross rental income of £3,310 PCM (£39,720 per annum), providing investors with an established income stream from completion, subject to existing tenancy arrangements.

Situated on Wood End Road in the popular Erdington area of Birmingham, the property benefits from excellent transport connections, convenient local amenities and access to major employment centres.

Whether expanding an existing portfolio or acquiring a substantial income-producing property, this represents an attractive investment opportunity in an established Birmingham rental location.

Investment Highlights

• Six self-contained studio apartments

• Private en-suite bathroom facilities to each apartment

• Individual kitchenette facilities within every apartment

• No communal living areas

• Approximately 1,560 sq ft of accommodation

• Gross rental income of £3,310 PCM

• Gross annual rental income of £39,720

• Established income-producing investment

• Popular residential rental location

• Excellent access to Birmingham City Centre and the M6 motorway

• Conveniently located for local shops, amenities and public transport

Accommodation

The property comprises six individual studio apartments, each designed to provide independent accommodation with its own private bathroom and kitchenette facilities.

The self-contained arrangement offers tenants greater privacy and independence, while providing investors with multiple individual rental income streams within a single property.

Location

Wood End Road is situated within the established and popular residential area of Erdington, Birmingham. The location offers convenient access to Birmingham City Centre, major transport routes and a wide selection of everyday amenities.

Local Amenities

Erdington provides an extensive range of shopping facilities, supermarkets, independent retailers, cafés and restaurants. Residents also benefit from access to local healthcare services, educational establishments and recreational facilities.

The surrounding area offers a well-established residential environment with amenities suited to working professionals and other tenants seeking convenient accommodation.

Transport Connections

The property is approximately five miles from Birmingham City Centre, with convenient road access via the surrounding transport network.

Regular local bus services and nearby railway connections provide additional commuting options to Birmingham and surrounding areas.

The M6 motorway, accessible via Junction 6, offers excellent connectivity across the West Midlands and wider motorway network.

Area Overview

Erdington remains an established residential rental location, benefiting from its proximity to Birmingham City Centre, major employment areas and an extensive range of local facilities.

The combination of convenient transport connections, accessible amenities and independent accommodation makes the property an attractive proposition for tenants.

With six individual rental units and a gross annual income of £39,720, this property presents an excellent opportunity for investors seeking an established income-producing asset within Birmingham.

BUYER'S FEE & RESERVATION PROCESS

This property is offered for sale subject to a buyer's fee of 2% plus VAT of the agreed purchase price, subject to a minimum fee of £2,500 plus VAT.

Upon acceptance of an offer, a minimum of 50% of the buyer's fee is payable to secure the property and remove it from the open market. This initial payment is credited towards the total buyer's fee.

The remaining balance becomes payable following exchange of contracts and must be paid in full no later than completion of the purchase.

Our reservation process is designed to provide greater certainty, transparency and commitment for both buyers and sellers, helping to facilitate a smooth and efficient transaction.

Benefits of Our Reservation Process

Competitive Pricing: Properties are marketed at realistic asking prices to encourage genuine interest and facilitate a timely sale.

Secured Purchase: Once the reservation is agreed and the required payment received, the property is withdrawn from the open market, allowing the conveyancing process to begin promptly.

Reduced Risk of Gazumping: Removing the property from the market helps minimise the risk of competing offers being considered.

Greater Commitment: The financial commitment from the buyer provides reassurance to the seller, helping to reduce the likelihood of an unsuccessful transaction.

A Proactive Approach: Genie Homes provides a personal and straightforward service, supporting buyers and sellers throughout the purchasing process.

Reservation Fee Refund Policy

Should the purchase fail to complete, the initial reservation payment will only be refundable in the following circumstances:

1. The seller withdraws from the agreed sale.

2. The seller has not disclosed a significant issue with the property which subsequently makes it unsuitable for mortgage lending with any recognised UK mortgage lender.

In all other circumstances, the reservation payment is non-refundable, subject to applicable law.

Prospective purchasers are encouraged to familiarise themselves with these terms before submitting an offer. Full details of the buyer's fee and reservation conditions will be provided prior to any payment being made.straightforward.

The property is conveniently positioned for access to the M6 motorway (Junction 6), making travel across the Midlands and beyond highly accessible. Nearby shopping facilities, supermarkets, schools, healthcare services and leisure amenities all contribute to the area's continued appeal to tenants.

The location benefits from strong rental demand due to its proximity to major employment hubs, educational institutions and excellent transport connections, making this an attractive long-term investment opportunity.

Rental Breakdown

Current Rental Income

Studio 1 – £595 PCM

Studio 2 – £550 PCM

Studio 3 – £500 PCM

Studio 4 – £625 PCM

Studio 5 – £550 PCM

Studio 6 – £490 PCM

Total Monthly Rental Income – £3,310

Total Annual Rental Income – £39,720