142B Beacon Road, Great Barr, Birmingham, West Midlands B43 7BN

A leasehold one-bedroom first floor flat is currently rented to a professional tenant at £650 per calendar month, equating to an annual rental income of £7,800, which represents a yield of 14.18% against the guide price. The flat features a bedroom, inner hall, bathroom with a bath and shower over, pedestal wash basin, W.C, kitchen, and lounge. It benefits from gas central heating and UPVC double glazed windows. Access is provided via a private entrance from a shared driveway, with external stairs leading to the property. Additional features include a hard standing parking area and a rear garden. The property is situated above a parade of shops, set back from Beacon Road, which connects to Queslett Road and Walsall Road (A34). The flat is located in a popular residential area, within walking distance to local amenities and well-connected by public transport to Birmingham city centre. The leasehold has a duration of 120 years from January 2020, with a peppercorn ground rent and a service charge of £400 per annum. The property is subject to tenancy.