- New Tenancy with Fully Referenced Tenants +
- Up To Date Landlord Compliance +
- Predicted Gross Yield 6% to 6.8% +
- 128 Years Remining On Lease +
- Recently Renovated +
- Two Bedroom First Floor Flat +
- Large Lounge +
- Fitted Kitchen +
- Family Bathroom +
- Communal Resident Parking & Garage +
Introduction
The Vault Real Estate are proud to present this stunning investment opportunity, located in Mere Green, Sutton Coldfield. Featuring two bedrooms, a large lounge, a fitted kitchen, a family bathroom, secured entry, communal gardens, a garage and off-road parking.
Tenancy Information
The current tenancy has only very recently started and has a 12 month term. All compliance is up to date and is available on request.
The Location
Little Sutton Road is in Mere Green, Four Oaks, an affluent area in the Royal Town of Sutton Coldfield. Just a short walk away from the property is Mulberry Walk, where you’ll find a combination of small retailers, supermarkets, restaurants, coffeehouses, bars and pubs, including, Sainsbury’s, Marks & Spencer, Café Nero, The Giggling Squid, Weatherspoons and Costa Coffee. Furthermore, there is also an Aldi across the road from Mulberry Walk.
For motor and rail links, Four Oaks Train Station is in proximity and provides regular services to Sutton Coldfield, Birmingham New Street and Lichfield. Furthermore, the M6, M6 Toll and M42 are nearby and easily accessible.
Regarding education, Moor Hall, Little Sutton and Mere Green Primary Schools are all nearby and are rated “outstanding” by Ofsted. In terms of secondary and further education, Bishop Vesey Grammar School is just over a mile away and is also rated ‘outstanding” by Ofsted. Additionally, Highclare Preparatory Independent School is nearby.
In the addition to the above, Sutton Park is in proximity and can be accessed via Hartopp Gate. It is one of the largest urban parks in the United Kingdom.
The Property
Access to the property is via the secured main front door, which leads into the communal hallway, where you’ll find the staircase to the first floor. The flat is accessible from the first floor and upon entering, you’ll find the:
Hallway 14’2’’ x 2’11’’
The hallway provides access to the lounge, the kitchen, the two bedrooms and the family bathroom. There is a storage heater and useful cupboard in the hallway.
Lounge 13’8” x 13’7”
Upon entering the property, you will find your lounge to the right. The lounge benefits from double glazed windows, a storage heater, carpet flooring, ceiling light points and wall lights.
Kitchen 7’11” x 6’5”
The fitted kitchen can be found immediately to your left as you enter the hallway and boasts wood effect flooring, double glazed windows to the front of the property, an electric fan oven and grill, a 4-zone induction hob with an extraction system, a washing machine and a single bowl stainless steel sink. Additionally, there are also kitchen counters, drawers and wall hung cabinets.
Family Bathroom 7’11” x 5’3
The family bathroom includes a back to wall w.c., a wash hand basin, double glazed privacy windows and a single ended bathtub with a shower kit and shield. Furthermore, there is a bathroom storage cupboard, tiled walls and a wall mounted heater.
Bedroom One 13’8” x 9’
This is the principal bedroom of the property, featuring carpet flooring, double glazed windows overlooking the rear of the building, ceiling light points, a storage heater and wall mounted power points.
Bedroom Two 11’5” x 6’11”
The second bedroom benefits from carpet flooring, ceiling light points, a storage heater and a double-glazed window to the front of the property.
The Outside
Principle Elevation
The front of the property is well presented and maintained with the communal lawns and pathway to the main entrance. There is also ample on street parking to the front and side of the building.
Rear Elevation
To the back of the property, you’ll find off road parking with communal resident parking spaces and the garage.
Further Information
Tenure: This property is believed to be a leasehold
Council Tax Band: B
Viewings strictly by appointment only.
Disclaimer
Although we have made every effort to ensure the information in this brochure is accurate, we encourage all interested parties to verify the details, including the description and floorplan, through inspection or other means. Any fixtures and fittings mentioned should be considered excluded from the sale unless explicitly stated. We have not tested any appliances or services and cannot guarantee their functionality.
Leasehold Information
Number of years remaining on the lease: 128 years
Current ground rent and any review period:
- £20 per year
Current service charge and any review period:
- £114 per month
Council tax band: B