House For Sale £250,000
An excellent opportunity to purchase this 5 bedroom house of multiple occupancy with opportunity to convert back into residential use, available with tenants in situ or with vacant possession making a perfect investment opportunity; situated within the desirable village of Alvechurch.
The property is currently at full occupancy generating approximately £28,600 per year* and sold with tenants in situ.
The layout briefly comprises: Entrance hallway, utility store, kitchen, lounge/potential bedroom 6, and ground floor bedroom five.
Rising upstairs the first floor landing gives off to a further four good sized bedrooms.
All bedrooms including the lounge have fitted en-suites.
Outside the property offers an enclosed rear garden and an outlook to the front over an open green space.
Alvechurch lies about 10 miles to the south of Birmingham City Centre in midst of greenbelt countryside. There is a small shopping centre in the village and both Primary and Middle Schools. The village further benefits from having bus and train links to Birmingham and Redditch and Junction 2 on the M42 is approximately a mile away.
*The information provided indicates that the property is currently fully occupied, yielding an approximate annual income of £28,600. However, this figure may fluctuate due to various factors such as market conditions, tenant turnover, maintenance costs, and other unforeseen circumstances. It is recommended that interested parties conduct their own due diligence and seek professional advice before making any decisions based on this information. The accuracy and reliability of the income projection cannot be guaranteed, and the actual financial performance may differ from the stated estimate.
The property is currently at full occupancy generating approximately £28,600 per year* and sold with tenants in situ.
The layout briefly comprises: Entrance hallway, utility store, kitchen, lounge/potential bedroom 6, and ground floor bedroom five.
Rising upstairs the first floor landing gives off to a further four good sized bedrooms.
All bedrooms including the lounge have fitted en-suites.
Outside the property offers an enclosed rear garden and an outlook to the front over an open green space.
Alvechurch lies about 10 miles to the south of Birmingham City Centre in midst of greenbelt countryside. There is a small shopping centre in the village and both Primary and Middle Schools. The village further benefits from having bus and train links to Birmingham and Redditch and Junction 2 on the M42 is approximately a mile away.
*The information provided indicates that the property is currently fully occupied, yielding an approximate annual income of £28,600. However, this figure may fluctuate due to various factors such as market conditions, tenant turnover, maintenance costs, and other unforeseen circumstances. It is recommended that interested parties conduct their own due diligence and seek professional advice before making any decisions based on this information. The accuracy and reliability of the income projection cannot be guaranteed, and the actual financial performance may differ from the stated estimate.
