2 Bed Flat For Sale Green Lane, Birmingham, B36

£115,000- Flat

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Last Updated: 1st May 2024

Description

A spacious and well kept Two Bedroom, First Floor Flat located in Castle Bromwich, Birmingham. \r
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Situated above a Tesco Express, there are an array of local shops and amenities within walking distance of the property and it is already generating rewarding rental returns with a tenant in situ.\r
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For investors looking for a reliable, long term investment, this is a brilliant opportunity!\r
This property is also an attractive purchase for First Time Buyers.\r
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Accessed from a rear communal area via a set of stairs, this home is in good condition and features Two Bedrooms, A Spacious Lounge, Kitchen, and Bathroom.\r
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The property has benefitted form double glazed windows throughout, in the last few years. \r
Gas central heating throughout.\r
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Investment details\r
This property currently produces an annual gross income of £8,100 which could be increased by the new owner, with long a long term tenant currently situated. This could be worthwhile addition to an investors property portfolio.\r
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No service charges applicable.\r
Long lease in place, of 100+ years.
Agent Details
Amity Properties
Mere Green Road, Four Oaks, Sutton Coldfield, B75 5BT

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested