Somers Terrace, Hagley Street... 2 bed apartment for sale

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Somers Terrace, Hagley Street... 2 bed apartment for sale

Somers Terrace, Hagley Street, Halesowen B63
£110,000

Our Summary

  • Conveniently located near local shops, transport links, and amenities, this is an ideal opportunity for investors seeking a strong-performing asset with scope for increased rental income
  • Further Information - FOR SALE – INVESTMENT OPPORTUNITY8 Somers Terrace, Hagley Street, Halesowen, B63 3ASFreehold | £110,000 | £675 PCM Rental Income | Potential Yield Up to 7
  • 91% | EPC Rating: E | EICR CertifiedCurrently let at £675 per calendar month, with potential to increase the rent to £725 PCM, offering a gross yield of up to 7

Description

This freehold buy-to-let investment property is situated in a prime location in Halesowen and offers a strong-performing asset with scope for increased rental income. The two-bedroom property features a welcoming entrance hall, bright and spacious open-plan living kitchen, two good-sized bedrooms, and a modern bathroom, all heated via an electric combination boiler. The property has a valid Electrical Installation Condition Report and Energy Performance Certificate, ensuring regulatory compliance and minimal immediate maintenance requirements. Currently let at £675 per calendar month, there is potential to increase the rent to £725 PCM, offering a gross yield of up to 7.91% per annum based on the asking price.