Property Details: • Type: End of Terrace • Tenure: FREEHOLD • Floor Area: 667 sqft
Key Features: • Freehold investment opportunity • Victorian property converted into three self-contained apartments • Two one-bedroom apartments • One two-bedroom apartment • Fully tenanted to working professionals • Approximate gross annual yield of 6% • Immediate rental income from completion • Popular location with strong rental demand
Location: • Nearest Station: Smethwick Galton Bridge Tram Stop • Distance to Station: 1.4556490149754118 miles
Agent Information: • Address: 99 High Street High Street, Harborne, Birmingham, B17 9NR
Full Description: Oakmans Estate Agents are delighted to present Stanmore Road, an attractive Victorian property that has been thoughtfully converted into three self-contained apartments, comprising two one-bedroom apartments and one two-bedroom apartment.<br /><br />The property is fully let to working professionals, providing an immediate income-producing investment with a current gross annual yield of approximately 6%. All three apartments are well maintained and benefit from strong and consistent tenant demand, making this an excellent opportunity for both experienced investors and those looking to expand their property portfolio.<br /><br />Ideally positioned in a sought-after residential location, Stanmore Road enjoys excellent transport links, convenient access to local amenities, and continued rental appeal, offering strong long-term investment potential.<br /><br />Accommodation<br /><br />Ground Floor Apartment<br /><br />Entrance hall<br />Spacious lounge/dining room<br />Fitted kitchen<br />Double bedroom<br />Family bathroom<br /><br />First Floor Apartment<br /><br />Entrance hall<br />Lounge/dining room<br />Fitted kitchen with external stairs leading to the shared rear garden<br />Two double bedrooms<br />Family bathroom<br /><br />Second Floor Apartment<br /><br />Entrance area<br />Open-plan lounge, dining and kitchen<br />Double bedroom<br />Family bathroom<br /><br />All apartments are accessed via well-maintained communal entrance areas and benefit from access to a generously sized, shared rear garden. The property has been successfully configured to provide three independent dwellings while retaining the character and charm of its Victorian origins, making it an exceptional turnkey investment opportunity.<br /><br />Scan the QR code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative. <br /><br />Anti-money Laundering Checks (AML)<br /><br />Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.<br /><br />We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system and is non-refundable.
