Belvoir are pleased to offer for sale this fantastic semi-detached property, literally next door to Wylde Green train station. An Edwardian property that is perfect for people looking to commute to Birmingham, London or just into Sutton Coldfield for all the local amenities.
This traditional property has been converted into three self-contained apartments each with current long term tenants in situ. The owner has managed these lets for over 20 years and the location has always attracted working professionals. All apartments come with intercom system and a driveway big enough for a minimum of 3 cars to give each tenant their own space.
Apartment A is the entire ground floor and briefly comprises; two double bedrooms, two reception rooms, family bathroom with separate shower cubicle, fully fitted kitchen and private spacious rear garden. The ground floor has gas central heating, is fully double glazed and is Approx. 970 square feet.
Apartments B and C are both on the first floor and offer one double bedroom, one bathroom, spacious living room and fully fitted kitchen. These properties have electric heating, full double glazing and are 540 square feet and 450 square feet respectively including all internal walls and partitions.
Please contact us for current rental figures. The property has previously achieved an annual yield of 5%.
There are many other options that a large property like this can offer a buyer. A conversion back to a large single family home would be one fantastic option or perhaps purchasing this to live in the spacious ground floor apartment while still having rental income from the two one bed flats above. Having such a large garden will only give further scope for future extension or development opportunities.
Please bare in mind that if this is purchased for owner occupation that the current tenants will have to be served their correct notice period.