Details
66, Wellington Road, B20 2SD
£280,000
Description
Exciting opportunity to own a property in Handsworth featuring 3 self-contained flats, ideal for investors seeking potential rental income
Viewing
Please contact us on 0121 681 6327 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
Disclaimer
MECS Sales and Lettings endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
Exciting opportunity to own a property in Handsworth featuring 3 self-contained flats, ideal for investors seeking potential rental income
Are you looking for an investment property with great potential in the heart of Smethwick? Look no further than this fantastic opportunity to own a property featuring 3 self-contained flats, offering not only a secure investment but also the flexibility to cater to various housing needs.
Located in a prime location in Handsworth, this property is ideal for savvy investors or buyers looking for a cost-effective way to own multiple living spaces. Each flat boasts 3 bedrooms, 1 bathroom, and 1 reception area, ensuring comfortable and spacious living for occupants.
The beauty of this property lies in its versatility. Investors can benefit from the potential rental income generated from renting out all three flats individually, maximizing your returns. With the rising demand for rental properties in Handsworth, this investment promises a steady flow of income and long-term growth.
Furthermore, for buyers looking for a property that accommodates a multi-generational family setup or those in need of extra living space, this property offers the perfect solution. Enjoy the privacy and independence of three self-contained living quarters, each designed to provide a comfortable and homely environment.
The property's convenient location in Smethwick adds to its appeal. Close to local amenities, transport links, and reputable schools, residents will find everything they need within easy reach. Whether you are an investor looking to expand your property portfolio or a homeowner seeking a versatile living arrangement, this property ticks all the boxes.
Current Rents:
Flat 1: £625 PCM (Studio)
Flat 2: £675 PCM (1 bed)
Flat 3: £700 PCM
Rents are due to increase, making this suitable for investors only, as we are seeking a quick transaction from a motivated seller.
Two properties offering a 9% gross yield are being sold together.
Please call the office on 0121 681 6327 to get booked in for a viewing.
Viewing
Please contact us on 0121 681 6327 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
Disclaimer
MECS Sales and Lettings endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
Features
- Good location
- Great Investment
- Currently Tenanted
- 3 Self contained flats
- Motivated Seller
- Rents due to increase
- Investor only
- Handsworth
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