2 Bed Flat, Single Let, Birmingham, B32 4NP, £80,000

127 Kitwell Lane, Birmingham, B32 4NP - 9 months ago

Leasehold
Auction
BTL
ROI: 16%
56 m²
+2 photos

ValuationUndervalued











Cashflows



































Property History

Price changed to £80,000

February 28, 2025

Price changed to £96,000

December 4, 2024

Listed for £98,000

June 26, 2024

Description

  • TWO GENEROUSLY SIZED BEDROOMS +
  • SPACIOUS LOUNGE +
  • FITTED KITCHEN +
  • ENTRANCE HALL WITH STORAGE +
  • EXCELLENT LOCATION FOR BIRMINGHAM CITY CENTRE ACCESS +
  • TENANT PAYING £750PCM +
  • SOLD THROUGH MODERN METHOD OF AUCTION +
  • EPC: D +
  • GARAGE EN BLOC +
  • DOUBLE GLAZING +

LANDLORD REQUIRED- TENANT PAYING £750 PCM- IDEAL INVESTMENT OPPORTUNITY
A spacious first floor two bedroom apartment in this most popular of areas for access to Birmingham city centre, transport links and all local amenities. The property briefly comprises: entrance hall with two storage cupboards, fitted kitchen, spacious lounge, bathroom with shower and two generously sized bedrooms. The property further benefits from: well kept communal grounds. SUPERB OPPORTUNITY TO ACHIEVE A HIGH YIELD. PROPERTY BEING SOLD THROUGH MODERN METHOD OF AUCTION. EPC: D

Entrance Hall - With electric heater, two storage cupboards, intercom and access doors into:

Spacious Lounge - 4.42 x 3.94 (14'6" x 12'11") - With feature fireplace, electric fire, double glazed window and door into:

Fitted Kitchen - 3 x 2.39 (9'10" x 7'10") - Having matching wall and base units with worktops over, one and a half bowl drainer sink unit, space for fridge/freezer, ceramic splash back tiling, plumbing for automatic washing machine, space for cooker and double glazed window.

Bedroom One - 4.06 x 3 (13'3" x 9'10") - With electric heater, integrated wardrobe and double glazed window.

Bedroom Two - 3 x 2.41 (9'10" x 7'10") - With double glazed window and electric heater.

Bathroom - Having bath with wall mounted shower over, low flush wc, wall mounted wash hand basin, ceramic tiling and obscured double glazed window.

Outside - With well kept grounds and garage en-bloc.

Garage-En-Bloc - Providing useful storage or parking option.

Agents Note - Council Tax Band: A

EPC: D

We have been informed that the property is leasehold. We have been informed that the lease term is approximately 82 years.

We have also been informed that the service charge is approximately £1100 per annum to include the ground rent charge.

All main services connected apart from gas.

Broadband/Mobile coverage- please check on link- //checker.ofcom.org.uk/en-gb/broadband-coverage

Auctioneer Notes - 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 4.50% 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.

Agent Details

Hicks Hadley, Halesowen

0121 387 6341

Next Steps?

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