Property Details: • Type: Maisonette • Tenure: LEASEHOLD • Floor Area: 764 sqft
Key Features: • INVESTMENT OPPORTUNITY, Immediate Income Opportunity! • Lease agreement : £9,900 pa = £825 pcm. • Close to Olton Train Station • Gas central Heated • Ground Floor maisonette • Instant income generator, ideal investment • Private rear garden, Remaining lease years 91 • 2 Bedrooms, 1 Reception, 1 bathroom, Private rear garden • Direct Council Lease, tenant occupied • 2% + VAT BUYERS FEE
Location: • Nearest Station: Olton Station • Distance to Station: 0.3643494053546587 miles
Agent Information: • Address: 1668 Bristol Road South Rubery Rednal Birmingham B45 9TY
Full Description: ****BLIND SALE *** TURN KEY INVESTMENT OPPORTUNITY *** DIRECT COUNCIL LEASE *** TENANT OCCUPIED.<br /><br />Genie Homes are proud to represent this 2 bedroom ground floor maisonette Acocks Green Birmingham, this charming maisonette on Dorsington Road offers a fantastic opportunity for those seeking a hands-off investment. Boasting a spacious 764 sq ft, this property features 1 reception room, 2 bedrooms, and 1 bathroom, providing a comfortable living space.<br /><br />Built in the late 1970s, this maisonette exudes a timeless appeal while offering modern conveniences. The direct lease with Solihull Council ensures a hassle-free investment, with an instant income generator from the current tenant, bringing in a rental income of £9,900 per annum, Lease years remaining 91 years.<br /><br />Convenience is key with this property, as it enjoys excellent transport links being in close proximity to Olton train and bus station. Furthermore, its location near Solihull town centre, local amenities, and a Tesco superstore just 1.7 miles away, ensures that daily necessities are easily accessible.<br /><br />For those who value connectivity, the property's proximity to the M42 motorway provides easy access to various destinations, making it an ideal choice for both investors and residents alike. Don't miss out on this opportunity to own a property that combines comfort, convenience, and a steady income stream.<br /><br /><b>Entrance Hallway</b> - Laminate flooring,recess storage space, wall mounted radiator.<br /><br /><b>Kitchen / Dining Room</b> - 4.37m x 3.05m (14'4" x 10'0") - Double glazed window rear elevation, matching wall and base units with roll top work surfaces, inset stainless steel sink with mixer tap, gas cooker, PVC door to rear private garden<br /><br /><b>Lounge</b> - 3.58m x 3.28m (11'9" x 10'9") - Double glazed window front elevation, wall mounted radiator, laminated style flooring<br /><br /><b>Bedroom 1</b> - 4.34m x 2.97m (14'3" x 9'9" ) - Double glazed window elevation to rear, carpet flooring, wall ,mounted radiator<br /><br /><b>Bedroom 2</b> - 2.77m x 2.51m (9'1" x 8'3" ) - Double glazed window front elevation, carpet flooring, wall mounted radiator.<br /><br /><b>Bathroom</b> - Double glazed obscured window rear elevation, Panelled bath with over shower, low level W/C pedestal hand wash basin, wall mounted radiator<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 - Leasehold<br /><br />Possession - Tenanted<br /><br />Viewings - Strictly by appointment through Genie Homes<br /><br /><b>Pro</b> - Lease agreement : £9,900 pa = £825 pcm. <br /><br />Council Lease agreement<br /><br />
