2 bed flat for sale

Walsall Road, Sutton Coldfield B74

Cash buyers only – tenant in situ – high potential investment opportunity.

Situated in the highly desirable area of Four Oaks, this ground floor apartment presents an excellent opportunity for investors seeking a well-located property with immediate rental income and long-term potential.

Currently let at £900 per calendar month, the property is being sold with the tenant in situ, with full documentation available upon request.

The accommodation comprises a private entrance leading into a hallway, with the apartment positioned to the right-hand side. Internally, there is a spacious lounge with dual-aspect windows allowing plenty of natural light, a fitted kitchen, two bedrooms, and a bathroom. The property is fully electric.

Externally, the property benefits from parking to the front, a garage, and well-maintained communal gardens to the rear. It is conveniently located close to local amenities, including shops on Walsall Road, and offers excellent long-term investment potential given its size and location.

Please note, the property has a short lease of approximately 47 years remaining and is therefore suitable for cash buyers only. However, this has been reflected in the pricing and presents an opportunity for those looking to add value over time.

EPC Rating: E
Council Tax Band: B – Birmingham City Council
Tenure: Leasehold (47 years remaining)
Service Charge & Ground Rent: Approx. £250 pcm (expected to reduce following recent roof works)Agent Notes

Buyer fee of 2% including VAT payable upon acceptance of offer
Fee is non-refundable if the buyer withdraws
In the unlikely event the vendor does not complete, the fee will be refunded in full
Buyers should carry out their own due diligence regarding lease extension and future costs