1 bedroom maisonette for sale

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1 bedroom maisonette for sale

Chapelwood Grove, Birmingham, B42
£90,000

Our Summary

  • Offering an excellent balance of affordability, long lease terms, and potential rental yield, this property is perfect for both first-time buyers and savvy investors alike
  • £1,497/year)Year Built: 1950–1966Investment Opportunity:Monthly Rent: £600Tenant in Situ – Reliable long-term tenant, happy to stayVacant Possession Option – Available on completionLow Service Costs – Enhances rental yieldStrong Demand Area – Popular with renters and first-time buyersAbout the Area – Chapelwood Grove, B42:
  • Strong Investment Opportunity

Description

This well-maintained 1-bedroom maisonette in Chapelwood Grove, Birmingham, offers a great balance of affordability, long lease terms, and potential rental yield. The property features a double bedroom, spacious living area, fitted kitchen, and bathroom with full suite. It has a private entrance and is situated in a quiet, residential setting. The leasehold information includes a lease term of 117 years, with a service charge of approximately £340 per year and ground rent of £10 per year. The property is currently occupied by a long-standing tenant paying £600 per month, providing a turnkey buy-to-let investment opportunity. Alternatively, vacant possession is available upon completion for buyers seeking to move in. The area offers excellent transport links, shopping and services, education, healthcare, and parks and green spaces, making it a desirable location for both first-time buyers and investors.