House For Sale £165,000
Ratcliffe Avenue, Birmingham, B30 3NZ

CALLING ALL COUPLES, FIRST TIME BUYERS AND INVESTORS!

John Miller is proud to present this TWO BED Coach House/Maisonette in a quiet area of Stirchley, Kings Health in Birmingham. Close to Cadburys World, 11min by car to University of Birmingham. The property is close to healthcare services including opticians with transport links, tram line 1.4 miles and shops a short drive away.

The property briefly offers steps leading to the front of the property into the Entrance hallway leading to the Reception room on the right hand side to the front elevation with a storage room, a W.C. and stairs leading to the first floor on the left hand side and the First spacious Bedroom at the end of the hallway to the rear elevation.

First floor comprises a Hallway leading to the Second spacious Bedroom to the front elevation, a bathroom to the side elevation and the open plan Kitchen/Dining area at the end of the hall to the rear elevation. The kitchen area has mixer of fitted oak wall and base units with complimentary black marble worktops.

Property Benefits of electric heating throughout, double glazed windows, and spacious rooms throughout property.

Property is currently let at £695 pcm long term tenant, property can be available vacant if required. Offering a rental yield based on approx. £2500 p.a. expenses. Gross Rental Yield 5.05%, Net Rental Yield 3.54%. The rental income achievable is £800 pcm - £900 pcm. Then Rental yield can be achieved approx Gross Rental Yield 5.82%- 6.55%, Net Rental Yield 4.30%- 5.03%.

EPC Rating B

*Strictly via appointments only, please do not approach the property*

Please contact us for viewing availability on[use Contact Agent Button] or WhatsApp on[use Contact Agent Button], or you may miss out on this great investment opportunity!

Council Tax Band: B (Birmingham City Council)
Tenure: Leasehold (132 years)
Ground Rent: £150 per year
Service Charge: £1,080 per year