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Leasehold

Offers over

£85,000

(£213/sq. ft)

1 bed flat for sale

Ednall Lane, Bromsgrove B60
1 bed
1 bath
1 reception
398 sq. ft
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Offers over

£85,000

(£213/sq. ft)

1 bed flat for sale
Ednall Lane, Bromsgrove B60

    • 1 bed

    • 1 bath

    • 1 reception

    • 398 sq. ft

  • EPC Rating: D

Leasehold

About this property

  • Buy-to-Let Opportunity

  • Long Term Tenant Currently Situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Modern and Good Condition

  • Easy Access to Local Amenities

  • Investment potential detailed below (Let Property Pack)

  • Cash Offer Only

This is a 1-bedroom flat in Bromsgrove. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 1 bedroom, three-piece bathroom, modern lounge, and kitchen.

Investment Details

It currently produces an annual gross income of £8,700 which could be increased by the new owner to a market rate of £10,200 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

More information

  • Tenure

    Leasehold (999 years)

  • Service charge

    £1,600 per year

  • Council tax band

    B

  • Ground rent

    £120

  • Ground rent date of next review

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