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3 bedroom flat for sale
Maple Walk - 13% Net Yield , Chelmsley Wood, Solihull, B37
£110,000
Maple Walk - 13% Net Yield , Chelmsley Wood, Solihull, B37
£110,000
Our Summary
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Virtual Freehold (999-Year Lease)- Prime Investment Opportunity
Description
This 3-bedroom flat is a newly renovated investment opportunity located in North Solihull, Chelmsley Wood. The property is situated above a retail parade and offers a hands-off lease to a reputable housing company, providing a guaranteed net rental income of £14,400 per annum. The flat is fully tenanted under a 7-year lease and has a remarkable 13% net rental yield. The location is well-connected, with easy access to Birmingham city centre, nearby train stations, and the M42 and M6 motorways. The area also offers plenty of green spaces, schools, health services, and community facilities. The property will be sold with the benefit of a 999-year leasehold and will be sold with tenants in situ, offering a hassle-free investment model with no void periods, general maintenance, council tax, or bills. The property is an attractive opportunity for investors seeking consistent returns without the complexities of day-to-day management.