This property has been taken off the market.

3 Bed Terraced House For Sale Monmouth Road, Birmingham, B32

£170,000- Terraced

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Last Updated: 28th March 2024

Description

**** CALLING INVESTORS**** BUY-TO-LET INVESTMENT OPPORTUNITY**** Three Bedrooms mid-terrace| Two Reception Rooms | Rear Garden | Off Road Parking | Family Bathroom | Great Location | No Chain | Conservatory | Rental income £850 pcm |

Property Overview - **** NEW TO THE MARKET ****

Genie Homes are delighted to present this great terrace property boasting three bedroom in Quinton, an ideal choice for savvy investors. Upon entry, you're welcome by a large spacious lounge. Adjacent to the lounge the dining area with an open plan fully fitted kitchen with breakfast bar, Gas range cooker with double ovens. To the rear conservatory providing a tranquil space for relaxing, enhancing the functionality of the ground floor.

Upstairs, three bedrooms offer comfortable accommodation, complemented by a well-appointed bathroom.

With its blend of stylish interior and practical features, the investment property presents an enticing opportunity for those seeking a turn key investment opportunity.

Positioned back from the road, access via a dropped curb parking comfortablely for 3 cars .

Tenure: Freehold
Council Tax Banding B
Monthly rental income £850 pcm
Annual income £10,200

Buyers Fee And Reservation - 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.

If you make an offer and it is accepted, a minimum of 50% of the fee is payable within 2 working days in order to take the property off the market.

The benefits of a buyers fee to the buyer are:
- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.
- This approach allows you to secure the property and start the conveyancing process
quickly.
- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.
- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.
- 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.

Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage / remortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

Disclaimer - 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.

TENURE
Freehold

POSSESSION
Tenanted

VIEWING
Viewing strictly by appointment through Genie Homes
Agent Details
Genie Homes
1668 Bristol Road South Rubery Rednal Birmingham B45 9TY

Investment Analysis

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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.
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