Investment Type: BUY-TO-LET
Est. Completion: AVAILABLE
Pure Investor brings this three-bedroom semi-detached property for sale in Longbridge, Birmingham. The property is being sold with a tenant in situ who has been there for several years. The property has an entrance hallway leading to a large open-plan living/dining room and central kitchen, a conservatory extension, a large utility room, and a garage, which completes the downstairs. Upstairs are two double bedrooms, a single bedroom, and a family bathroom. Outside the front is a large driveway and lawned garden, and to the rear is a lawned private garden.
Approximately 10 miles south of the City Centre, West Heath and Longbridge are popular and rapidly expanding residential areas undergoing a £1bn regeneration. They boast several well-known retailers, including Sainsbury's, Marks and Spencer's, Boots, and Poundland.
It also benefits from a state-of-the-art Bournville College campus, Colmers Secondary School and sixth form, Albert Bradbeer Primary Academy, and Rednal Hill Infant and Junior School.
Besides the regeneration, Longbridge is known for its local parks and proximity to a mainline railway station, which provides direct access to Birmingham University, Queen Elizabeth Hospital, Birmingham New Street, and Redditch to the north and South. Local bus services are also available. It further benefits from being approximately 4 miles from junction 4 of the M5 motorway.
Investment Information
- Asking price: Offers over £305,000.00
- Expected Rental Income: £1,250.00pcm (£15,000.00 per annum)
- Gross Yield: 5%
- Tenure: Freehold
- EPC: D
- Extended semi-detached property
- Long-term tenant in situ
Location
Birmingham, United Kingdom
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Any Questions?
Call: +44 (0) 161 337 3890
Call our team today on +44 (0) 161 337 3890