Meadow Road, Birmingham
For Sale : GBP 310000
Details
Bed Rooms
4
Bath Rooms
2
Property Type
Terraced
Description
Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A
Key Features: • SOCIAL HOUSING INVESTMENT OPPORTUNITY • 4 Bedroom modern build built 2006 • Bathroom / WC • En-Suite • Rear Private garden • Conservatory • Spacious lounge • 3 Storey • Popular Location Quinton • Freehold
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 1668 Bristol Road South Rubery Rednal Birmingham B45 9TY
Full Description: Welcome to Meadow Road, Birmingham - a charming location that could be the perfect setting for your new investment opportunity! This contemporary terraced house boasts 4 bedrooms and 2 bathrooms spread across three floors, offering ample space for potential tenants.Situated in the reputable Quinton Mews, this property exudes modernity and convenience. With a generous 1,173 sq ft of living space, there is plenty of room . The property, built between 2000-2009, combines the allure of a newer build with the warmth of a well-established neighbourhood.Parking is made easy with space for 2 vehicles, ensuring that your tenants can come and go with ease. The social housing lease in place since 2021 presents a fantastic opportunity for those looking to invest, with a monthly income of £1,125 and an annual income of £13,500.Don't miss out on the chance to own a piece of Quinton Mews and secure a steady income stream. Whether you're looking to expand your property portfolio, this property has the potential to be the perfect fit. Book a viewing today and discover the possibilities that await you at this Birmingham abode on Meadow Road!Property Description - **** NEW INSTRUCTION ****SOCIAL HOUSING INVESTMENT OPPORTUNITY **** LEASE IN PLACE, INSTANT INCOME GENERATOR **** INCOME £1,300 pcmA modern constructed 4 bedroom 2 bathroom terrace residence, situated conveniently in Quinton Mews near to local amenities and bus routes. Rental income £1,300 pcm . 5 years Social housing lease since 2021.Ground floor features entrance hall with laminated flooring, contemporary fully fitted kitchen with integrated appliances, spacious lounge and a generous conservatory that provides access to the walled private rear garden.The first floor accommodates two well proportioned bedrooms and a modern bathroom.On the second floor, there is two sizable bedrooms with a fitted en suite shower room located in room 4. Walled private rear garden Epc CCouncil Tax Banding DAnnual Income £15,6002% buyers FeeBuyers Fee And Reservation - This sale is SUBJECT TO A 2% PLUS VAT BUYERS FEE based on the agreed sale price at a minimum fee of £2500 plus VAT.If you make an offer and it is accepted, a minimum of 50% of the fee is payable within 2 working days in order to take the property off the market.The benefits of a buyers fee to the buyer are:- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.- This approach allows you to secure the property and start the conveyancing processquickly.- Reservation of the property removes the element of competitive bidding and also the possibility of beinggazumped.- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.- All of these elements provide peace of mind from the outset, along with our personal and proactive approach.Genie Homes pride ourselves on our simple and secure buying process.Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;1. The vendor has withdrawn from the sale2. The vendor has not disclosed details regarding the property that affects mortgage / remortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.TENUREFreeholdPOSSESSIONTenantedVIEWINGViewing strictly by appointment through Genie HomesBrochuresMeadow Road, BirminghamBrochure
Location
Address
Meadow Road, Birmingham
City
Meadow Road
Features And Finishes
SOCIAL HOUSING INVESTMENT OPPORTUNITY, 4 Bedroom modern build built 2006, Bathroom / WC, En-Suite, Rear Private garden, Conservatory, Spacious lounge, 3 Storey, Popular Location Quinton, Freehold
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Real Estate Broker
Genie Homes, Birmingham
Brokerage
Genie Homes, Birmingham
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