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2 bed Apartment

Cheswood Drive, SUTTON COLDFIELD, West Midlands, B76 1YE

£105,000
Residential
About this Property
105000
Modern
Residential
Description

This ground floor two-bedroom maisonette is ideal for investors, offering a strong yield of around 9.3%. The layout includes a separate kitchen, spacious lounge, bathroom, and two bedrooms, all with a functional layout. The property is currently tenanted, providing immediate rental income. Located close to local shops, schools, and transport links, this is a smart buy-to-let opportunity. Positioned on the ground floor, this two-bedroom maisonette presents a strong investment opportunity with a current rental yield of approximately 9.3%. The property is currently tenanted, making it suitable for buyers looking for immediate rental income without delay or vacancy risk. Internally, the layout is straightforward and functional. The entrance opens into a hallway which leads to two bedrooms, a fitted kitchen, and a threepiece bathroom suite. The living area is well-sized, with natural light entering from front-facing windows. The kitchen includes built-in storage and space for appliances. Both bedrooms are of decent proportions, with enough room for freestanding furniture. Overall, the property is in lettable condition and offers scope for basic internal improvement, if desired, to increase long-term rental potential or resale value. Outside, the maisonette benefits from its own private entrance, and there's access to it’s own private garden space. The location offers reliable tenant demand, with local amenities, bus links, and motorway access all nearby. Schools and shops are within a short distance, making this a practical buy-tolet option or an affordable purchase for someone seeking a well-located ground floor home. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Location
More Information
Leasehold
Cheswood Drive
flat-apartment
Planing Authority
Birmingham LPA

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