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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3 Enfield
34 Enfield
42 Enfield
Offers over£700,000
Added > 14 days

2 bedroom block of apartments for sale

Enfield Close, Birmingham, West Midlands
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Block of apartments
2 bed
1 bath
EPC rating: E*
645 sq ft / 60 sq m

Key information

Tenure: Leasehold | 47 yrs left
Ground rent: £60 per annum | review period: unconfirmed
Service charge: £100 per annum
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (47 years remaining)
  • A COLLECTION OF 7 FLATS (6 MAISONETTES & 1 FLAT) IN ERDINGTON
  • ALL LET BELOW CURRENT MARKET VALUATION
  • SHORT LEASES THAT NEED TO BE EXTENDED
  • GREAT LOCATIONS THE HOLLY LANE, ENFIELD, GRAVELLY ESPECIALLY
  • IDEA BOOST TO ANY PORTFOLIO
  • VIEWINGS MAY NOT BE POSSIBLE
Im delighted to bring to the market a portfolio of Letting properties in the Erdington area, the area its self is a great area ideal for first time buyers and renters alike. These properties do have short leases but on extension they will increase in value. The portfolio has been self managed by the current owner and is well below market value with a current return a still impressive 6.4% but with potential to boost this to over 10%.

This portfolio is an ideal purchase for a new investor or someone wanting to add 7 in one go.

If you have any questions simply reach out and ask away.

Council tax bands
All A with the exception of Holly Lane

Selective Licensing.
Oddingley court is the only property in the 7 that will need a Birmingham Council Selective license

EPC
Some are missing and now booked they are as follows
287 Gravelly Lane D
3 Enfield Close E
34 Enfield Close F (we have rebooked to check)
42 Enfield Close D

13 Oddingly Court
124 Holly Lane (all 3 booked in)
60 Enfield Close

Leases

287 Gravelly Lane 36 Remaining
3 Enfield Close 47 Remaining
34 Enfield Close 47 Remaining
42 Enfield Close 47 Remaining
13 Oddingly Court 65 Remaining
124 Holly Lane 41 Remaining
60 Enfield Close 47 Remaining

Of the above leases the only cheap one will be Oddingley Court Please make your own equities to the cost of the leases and the exact length prior to entering into a contract with the owner.

Further info is available on request.

Places of interest

    The qualified and experienced agents at Home Property Sales know that Estate Agency isn’t just about prices achieved; it’s also about relationships. Established in 2021, we match our clients in The Midlands with properties that fit their lifestyle and budget. We understand that buying or selling a home isn’t just a business transaction, it’s a whole new beginning. That’s why we offer an extensive array of services, as well as the human touch, making the process as easy and hassle-free as possible. Contact us to get started today.

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    *DISCLAIMER

    Property reference HLE-70079218. 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 Home Property Sales - Wigston.

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

    Broadband availability and predicted speed: obtained from Ofcom on October 30, 2023

    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: obtained from Ofcom on October 30, 2023

    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: obtained on March 6, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    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.