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2 Bed Coach House For Sale Ratcliffe Avenue, Birmingham, B30
£140,000- Coach
1 of 15
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Last Updated: 18th March 2024
Description
CALLING ALL COUPLES, FIRST TIME BUYERS AND INVESTORS!
John Miller is proud to present this TWO BED Coach House/Maisonette in a quiet area of Stirchley, Kings Health in Birmingham. Close to Cadburys World, 11 minutes by car to the University of Birmingham. The property is close to healthcare services including opticians with transport links, a tram line 1.4 miles, and shops a short drive away.
The property briefly offers steps leading to the front of the property into the Entrance hallway leading to the Study room on the right-hand side to the front elevation with a storage room, a W.C., and stairs leading to the first floor on the left-hand side, and the First spacious Bedroom at the end of the hallway to the rear elevation.
The first floor comprises a Hallway leading to the Second spacious Bedroom to the front elevation, a bathroom to the side elevation, and the open plan Kitchen/Dining area at the end of the hall to the rear elevation. The kitchen area has a mixer of fitted oak wall and base units with complimentary black marble worktops.
Property Benefits of electric heating throughout, double-glazed windows, and spacious rooms throughout the property.
The property is currently let at £695 pcm long-term tenant, the property can be available vacant if required. Offering a rental yield based on approx. £2500 p.a. expenses. Gross Rental Yield\t5.05%, Net Rental Yield\t3.54%. The rental income achievable is £800 pcm - £900 pcm. Then Rental yield can be achieved approx. Gross Rental Yield\t5.82%- 6.55%, Net Rental Yield\t4.30%- 5.03%.
EPC Rating E
**Strictly via appointments only, please do not approach the property**
Please contact us for viewing availability on or WhatsApp on , or you may miss out on this great investment opportunity!
Council Tax Band: B (Birmingham City Council)
Tenure: Leasehold (132 years)
Ground Rent: £150 per year
Service Charge: £1,080 per year
John Miller is proud to present this TWO BED Coach House/Maisonette in a quiet area of Stirchley, Kings Health in Birmingham. Close to Cadburys World, 11 minutes by car to the University of Birmingham. The property is close to healthcare services including opticians with transport links, a tram line 1.4 miles, and shops a short drive away.
The property briefly offers steps leading to the front of the property into the Entrance hallway leading to the Study room on the right-hand side to the front elevation with a storage room, a W.C., and stairs leading to the first floor on the left-hand side, and the First spacious Bedroom at the end of the hallway to the rear elevation.
The first floor comprises a Hallway leading to the Second spacious Bedroom to the front elevation, a bathroom to the side elevation, and the open plan Kitchen/Dining area at the end of the hall to the rear elevation. The kitchen area has a mixer of fitted oak wall and base units with complimentary black marble worktops.
Property Benefits of electric heating throughout, double-glazed windows, and spacious rooms throughout the property.
The property is currently let at £695 pcm long-term tenant, the property can be available vacant if required. Offering a rental yield based on approx. £2500 p.a. expenses. Gross Rental Yield\t5.05%, Net Rental Yield\t3.54%. The rental income achievable is £800 pcm - £900 pcm. Then Rental yield can be achieved approx. Gross Rental Yield\t5.82%- 6.55%, Net Rental Yield\t4.30%- 5.03%.
EPC Rating E
**Strictly via appointments only, please do not approach the property**
Please contact us for viewing availability on or WhatsApp on , or you may miss out on this great investment opportunity!
Council Tax Band: B (Birmingham City Council)
Tenure: Leasehold (132 years)
Ground Rent: £150 per year
Service Charge: £1,080 per year
Agent Details
John Miller
High Street, West Bromwich, B70 9LB
Show Contact Number
0121 794 3340
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.