Wood End Road, Birmingham

Property Details: • Type: End of Terrace • Tenure: FREEHOLD • Floor Area: 1339 sqft

Key Features: • Exceptional investment opportunity • Six self-contained studio apartments • Private en-suite and kitchenette to each apartment • Approx. 1,560 sq ft of accommodation • Chain-Free Purchase • Strong, established rental demand • Close to local shops, amenities and public transport • Excellent transport links to Birmingham City Centre and the M6 motorway • Please note that a buyer's fee of 2% plus VAT is payable in addition to the purchase price.

Location: • Nearest Station: Gravelly Hill Station • Distance to Station: 0.6452842339770157 miles

Agent Information: • Address: 1668 Bristol Road South Rubery Rednal Birmingham B45 9TY

Full Description: Exceptional Investment Opportunity – Five Self-Contained Apartments – Producing £38,820 Per Annum<br /><br />Genie Homes are excited to offer this fantastic opportunity to acquire a fully income-producing investment property comprising five self-contained studio apartments, each benefiting from its own private en-suite bathroom and kitchenette facilities. The property extends to approximately 1,560 sq ft and is designed to provide independent living accommodation with no communal living areas, making it an attractive proposition for tenants seeking privacy and convenience.<br /><br />The property currently generates a gross annual rental income of approx. £38,820 (£3,235 PCM), offering investors an immediate, established income stream from day one.<br /><br />Whether you are looking to expand an existing portfolio or acquire a high-yielding investment, this property represents an excellent opportunity in a well-connected Birmingham location with strong and consistent rental demand.<br /><br /><b>Key Features</b> - Accommodation<br />Six self-contained apartments<br />Private en-suite facilities to each apartment<br />Kitchenette facilities within each apartment<br />No communal living areas<br />Approximate internal floor area: 1,560 sq ft<br />Producing £38,820 per annum (£3,235 PCM)<br /><br />Strong rental location<br />Excellent transport links to Birmingham City Centre and the M6<br />Ideal addition to an investment portfolio<br /><br /><b>Rental Breakdown</b> - Studio 1 - £595<br />Studio 2 - £550<br />Studio 3 - £500<br />Studio 4 - £625<br />Studio 5 - £550<br />Studio 6 - £490<br /><br />Monthly approx. income £3,310<br />Annual appox income £39,720<br /><br /><b>Location</b> - Situated on Wood End Road in the popular Erdington area of Birmingham, the property enjoys excellent transport links and a wide range of local amenities. Birmingham City Centre is approximately 5 miles away, providing easy access by car in around 15–20 minutes, while regular bus services and nearby rail connections make commuting straightforward.<br /><br />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.<br /><br />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.<br /><br /><b>Buyer Fee And Reservation</b> - 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.<br /><br />If you make an offer and it is accepted, a minimum of 50% of the fee is payable in order to take the property off the market.<br /><br />The benefits of a buyers fee to the buyer are:<br />- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.<br />- This approach allows you to secure the property and start the conveyancing process<br />quickly.<br />- Reservation of the property removes the element of competitive bidding and also the possibility of being<br />gazumped.<br />- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.<br />- 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.<br /><br />Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;<br />1. The vendor has withdrawn from the sale<br />2. The vendor has not disclosed details regarding the property that affects mortgage / mortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)<br /><br /><b>Disclaimer</b> - 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.<br /><br />Tenure - Freehold<br /><br />Possession - Tenanted<br /><br />Viewings - Strictly by appointment through Genie Homes<br /><br />