**** SOCIAL HOUSING INVESTMENT OPPORTUNITY**** An exciting opportunity to purchase a four bedroom social housing investment property | No Chain | Great Location | Access to excellent transport links | Monthly income £1050 | No voids | Social Housing contract in place |
Property Overview - **** NEW INSTRUCTION**** SOCIAL HOUSING INVESTMENT PROPERTY**** TENANT OCCUPIED
Genie Homes proudly presents this 4-bedroom terrace residence situated in a prime Birmingham Location. Boasting convenient off road parking at the front, this property comes with a social housing contract in place. Instant income generator £1050 pcm due to be raised to £1150 pcm. No Chain.
On the ground floor, you'll find an entrance porch leading to a hallway. The kitchen, fully equipped with access to the rear garden, entrance to a generously proportioned lounge featuring double patio doors that open up to the rear garden. An internal hallway connects to Bedroom 1 offering views of the front of the property, stairs leading the first floor landing.
Moving up to the first floor, Bedroom 2 spacious double room overlooking the front, Bedroom 3 double room enjoys a rear-facing view, Bedroom 4 small double views of the front. A spacious bathroom with bath with overshower, w/c and wash basin. Additional storage space complete this level.
With easy access to public transportation, including rail and bus services, this locations offers unparalleled convenience ideal investment property.
EPC C
Council Tax A
Month Income £1050 pcm
Annual Income £12,600
**** No Voids ****
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 ( SOCIAL HOUSING )
VIEWING
Viewing strictly by appointment through Genie Homes