Cheswood Drive, Minworth, Sutton Coldfield, West Midlands, B76

Property Details: • Type: Maisonette • Tenure: Leasehold • Floor Area: N/A

Key Features: • TWO BEDROOM PROPERTY • ONE BATHROOM • BTL INVESTMENT • TENANT IN SITU • CLOSE TO LOCAL TRANSPORT LINKS • CLOSE TO LOCAL AMMENITIES

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 74B Walsall Road, Four Oaks, Sutton Coldfield, B74 4QY

Full Description: INVESTMENT OPPORTUNITY – SOLD VIA MODERN METHOD OF AUCTIONTwo-bedroom ground floor maisonette with tenants in situ, generating approx. 7.3% yield. Includes spacious lounge, fitted kitchen, bathroom, communal green space and allocated parking. Well located for retail, amenities and transport links. *** FOR SALE THROUGH MODERN METHOD OF AUCTION ***Located on a quiet residential street in Minworth, this two-bedroom ground floor maisonette offers a solid rental yield and immediate income potential, with tenants already in situ.The layout includes two double bedrooms, a spacious living room, a fitted kitchen and a bathroom with a white suite and electric shower. The kitchen provides good worktop space, storage and room for freestanding appliances. The living room is bright and generously sized, suitable for both lounge and dining use.Double glazing and electric heating are present throughout, and the property benefits from communal green space and allocated parking outside.Situated close to Minworth retail park, local amenities, and excellent transport links via the A38 and M6, this maisonette is a straightforward buy for investors looking for steady returns and no initial refurbishment.With a yield of around 7.3% and tenants in place, it’s a practical investment opportunity ready to generate income from day one.MATERIAL INFORMATION...Council Tax Band: BTenure: LeaseholdLease Length: 47 Years RemainingService Charge: £129 Per AnnumGround Rent: £52.50 Per annumProperty Construction: BrickElectricity Supply: MainsWater Supply: MainsSewerage: MainsHeating Supply: ElectricBroadband: AvailableMobile Signal Coverage: Please refer to OfcomFlood Risk: LowCoalfield Area: Please check Coal Authority recordsCurrent Tenancy Status: Tenanted – investor purchase onlyAGENTS NOTE:We haven’t tested any electrical or heating systems. Buyers are advised to carry out their own investigations. Floor plans and room sizes are approximate. As part of Money Laundering Regulations, we are required to verify all buyers’ identity prior to agreeing a sale.FIXTURES AND FITTINGS:Items listed in these particulars are assumed included unless stated otherwise.Auctioneer CommentsThis property is for sale by Modern Method of Auction. The buyer and seller must complete within the 56-Day Reservation Period. Interested parties’ details will be shared with iamsold Ltd (the auctioneer).If you’re purchasing with a mortgage, you should ensure your lender is aware the purchase is by auction and that the property is suitable. A Buyer Information Pack is available and must be reviewed before bidding. The buyer is responsible for the cost of this pack.A Reservation Fee of 4.5% (inc VAT) of the purchase price applies, subject to a minimum of £6,600 inc VAT. This is non-refundable and payable in addition to the purchase price. It forms part of the stamp duty calculation.John Shepherd and the auctioneer may recommend additional services for which they may receive a referral fee of up to £960 inc VAT. These services are entirely optional.BrochuresParticulars