7 bedroom Semi-Detached House for sale: Stanmore Road, Birmingham


  • reception rooms 6
  • bedrooms 7
  • bathrooms 6
Reference: 35551_18097131

Description

INVESTMENT OPPRTUNITY. A substantial period Freehold semi-detached residence converted into five one bedroom and one two bedroom self-contained flats with off-road parking. Current yield 5.8%
EPC BAND RATING D

Introduction

Great buy to let investment opportunity, to acquire this block of six flats on Stanmore Road in Edgbaston in Birmingham. Within this purchase the Freehold is also included. This block of occupied flats consists of five one bedroom flats and one two bedroom flat. The annual rental return is 5.8%. Upon entering the building there are three flats on the ground floor with a basement area where currently all electric meters are situated. Moving up to the first floor are a further two flats with the biggest flat occupying the second floor of the building. This building is managed by the owner of the building and there is no service charge or ground rent to pay as you will also become the freeholder of the building. The property further benefits from off road parking and rear garden. There is further development opportunity to extend the property and also convert other areas into additional flats. To arrange a viewing please contact a member of The Hadleigh Property Sales team on 0121 427 1213.

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Reference: 35551_18097131

Contact Agent

Hadleigh Estate Agents
Tel: 0121 427 1213