No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

4 bedroom house

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House
4 bed
1 bath

Key information

Tenure: Freehold
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Ready Made Hands Off Investment
  • £1,150 pcm / £13,800 p.a Rental Income
  • Freehold Investment Opportunity
  • Driveway
  • Popular Handsworth Location
  • 7.9% Yield

DESCRIPTION

The OPA are pleased to present this exciting investment opportunity.

This is a hands off, ready made investment and is ideal for the discerning investor.  The property has “four rooms” let to a social housing provider at a rent of £1150 pcm / £13,800 p/a.

Recently refurbished with well laid out accommodation, benefiting from three bedrooms to the first floor, one bedroom to the ground floor (this would originally have been a reception room and is now being used as a bedroom), spacious kitchen / diner and  shared bathroom.

It has central heating and it is double glazed, gas fired central heating, mains integrated smoke/fire alarm protection system and emergency lighting.

There is parking to the front and a pleasant rear garden.

LOCATION

The property is located in the Birmingham suburb of Handsworth within walking distance of Rookery Road with a wide range of local shops and ameneties including a Tesco Express within minutes walk. The property is with easy access of Birmingham city centre bus routes & motorway networks.

The property is just a short distance away from Birmingham & West Bromwich city centres, both benefiting from a wide range of shops, restaurants, bars, leisure facilities and tourist attractions. Commuter benefits include M5, A41, M6 and the M6 toll Road linking the Midlands Motorway network

TENURE

The property is freehold.

Currently let to a social housing provider until May 2022 at a rent of £1150 pcm / £13,800 p/a.

VIEWINGS

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



Property information from this agent

Places of interest

    With over 40 years combined experience in buying and selling, we have sought to differentiate ourselves from our competitors by providing a new, versatile approach and bespoke solutions for both buyers and sellers. Our team boasts a wealth of experience in residential and commercial sales, retail, land, auction and investment sales and we pride ourselves on our reputation for exceptional sales results. Our professionalism, enthusiasm, dedication and attention to detail ensure that our customers receive an outstanding service above and beyond what one might ordinarily expect. We are not a ‘high street’ agency and our negotiators are not restricted by postcode. Instead we are entrepreneurial and property focused. Whilst our core area extends from Birmingham and the Midlands, we also have a proven track record further afield. We have sought to develop solutions in line with market requirements, namely commitment, best price and speed. Our aim is to fuse the benefits of a traditional high street agency, the commitment of auction sales and the cost of online agencies.

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    *DISCLAIMER

    Property reference 20264598. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by The Online Property Agency - Birmingham.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.