2 bed Flat For Sale £115,000
Newland Court, Alwynn Walk, Birmingham

This two-bedroomed flat on the third floor in Newland Court, Alwynn Walk, Erdington, is an enticing opportunity. With no upward chain and vacant possession, it recently underwent a refreshing update, featuring freshly painted and cleaned interiors. While a new kitchen and bathroom could enhance the property, it remains move-in ready, making it ideal for first-time buyers or investors. The inclusion of a garage en-bloc, double glazing, secure intercom, and wall heaters adds practicality and comfort. The layout includes a lounge/dining room, separate bathroom, and a kitchen, offering a well-rounded living space.

The property's proximity to Brookvale Park Lake and Brookvale Park offers residents a haven for various recreational activities. The scenic lake hosts sailing, canoeing, and fishing in its tranquil waters. Surrounding the lake, lush grass and woodlands provide a picturesque backdrop, and a well-defined path spanning its circumference invites leisurely strolls, jogging, or cycling. This creates an ideal setting for residents to enjoy the outdoors and embrace a healthy, active lifestyle.

The property's appeal is enhanced by its substantial lease term, boasting over 970 years remaining. Additionally, with a notable rental yield of 8.86% with a potential rental income of £875, it presents a compelling investment opportunity, combining a secure leasehold tenure with a favorable return on investment for potential buyers or investors.

Viewing is advised to get a first hand look at what this property has to offer. It's a practical step to assess whether it aligns with your preferences and needs.

Council Tax Band: A (Birmingham City Council)
Tenure: Leasehold (973 years)
Service Charge: £950 per year