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Under Offer
£244,999

Hands Off Investment – 5 Yr Lease £1550 pcm-Berners Street, Birmingham

Berners Street, Birmingham, West Midlands, B19 2DR
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For more information call us on
0121 740 1000

Key Features

  • Hands Off Ready Made Investment
  • 5 Year Lease - Let To Social Housing
  • Rental Income - £ 1550 PCM/ £18,600 P.A
  • Set Over 3 Floors
  • Freehold
  • 2 Receptions
  • Large Kitchen
  • No Chain

Summary

Hands Off Investment Property - £1550 pcm/ £18,600 p.a Rental Income on 5 YEAR LEASE - Let to Social Housing Provider. 

Description

DESCRIPTION:

The OPA are pleased to present this hands off investment opportunity rented at £1550 pcm/ £18,600 p.a. 

Fantastic opportunity to purchase a 3 bedroom property in the Lozells area of Birmingham.

This 3 story property briefly comprises 2 receptions (one currently being used as a bedroom), large kitchen, 3 bedrooms on the 1st floor (comprising of two doubles and one single) and family bathroom. To the third floor there is a spacious attic style room. This end terraced property has on street parking and no chain.

ACCOMMODATION

Three bedroom, end-terraced house with gas central heating.

Entrance Hall

Fitted with one ceiling light point, a single radiator and laminate flooring.

Lounge 13' 2" max x 12' ( 4.01m max x 3.66m )

One ceiling light point, one double radiator, front facing double glazed windows and laminate flooring

Dining Room 17' max x 19' 8" ( 5.18m max x 5.99m )

Two ceiling light points, one double radiator and a gas fire. Rear facing double glazed windows and laminate flooring with access to double cellar.

Kitchen 21' 4" x 7' 10" ( 6.50m x 2.39m )

Two ceiling light points and one single radiator. Fitted kitchen with one sink bowl, gas oven/hob and partly tiled. Double glazed windows side facing.

Bedroom One 12' 3" max x 10' 6" ( 3.73m max x 3.20m )

Doubled glazed, front facing windows, with one ceiling light point and a single radiator.

Bedroom Two 11' 7" max x 10' 6" ( 3.53m max x 3.20m )

Double glazed, front facing windows with one ceiling light point and a single radiator.

Bedroom Three 8' 6" x 6' 10" ( 2.59m x 2.08m )

Double glazed, rear facing windows with once ceiling light point and a single radiator.

Attic Room 18' x 11' 8" ( 5.49m x 3.56m )

Second floor attic room with recess lighting, a skylight and one ceiling light point.

Bathroom

Double glazed, front facing windows with one ceiling light point and a single radiator. Shower positioned over the bath, hand-wash basin and extractor fan. Bathroom is fully tiled.

LOCATION

The property is set close to local amenities, schools and public transport.

TENURE

The property is freehold and is being sold with benefit of a 5 year lease to a social housing provider for £1550 PCM/ £18,600 P.A

VIEWINGS

Please see virtual tour and please contact The Online Property Agency for viewings.

Buyers Fee

Buyer's Reservation Fee of 2% of The Purchase Price. T&Cs apply.

The OPA’s “Secure It Now Exclusivity Package”

This property is being offered under The OPA’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Properties are realistically priced

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• Focuses on speed

• Mortgage buyer friendly

• Suitable for first time buyer

• Mortgage buyers and cash buyers compete on equal terms

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

Our sellers are motivated and willing to price their properties competitively in order to ensure a fast and secure sale.

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity fee “ of 2% which includes :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks )

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping and the

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances

Step 3 - Arrange a viewing / Virtual Tour

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

Please note this is a realistically priced property and is likely going to create a fair amount of buying interest. If you're interested in buying this property, we'd urge you to contact us immediately to avoid losing out.

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

Any reference to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

Misrepresentation Act 1967: The OPA for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.

Floor Plan