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This property was removed from Dealsourcr.

3 Bed Terraced House, Refurb/BRRR, Birmingham, B23 5TZ £160,000

Wilmot Drive, Birmingham, B23 5TZ - a year ago
  1. Deal Search
  2. Birmingham
  3. B23
  4. B23 5TZ
Sold STC
Cash
Refurb/BRRR
Planning
ROI: 3%
~93 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Birmingham
  • More Deals in B23
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Birmingham
  • More Refurb/BRRR Deals in B23

Property History

Listed for £160,000

September 21, 2024

Floor Plans

Description

  • In need of updating ready for your personalisation +
  • Originally a Three Bedroom Property Separated into Two Flats +
  • Subject to Planning Permissions it Offers an Exciting Investor Opportunity +
  • Potential for a Driveway to Front for Two Cars +
  • Each Flat with own Private Entrances +
  • Lounges to Both Ground and First Floor +
  • Kitchens to Both Ground and First Floor +
  • One Double Bedroom to Each Flat +
  • Shower Rooms to Both Ground and First Floor +
  • Within a Mile Radius of Erdington & Chester Road Train Stations +

Welcome to Wilmot Drive, Erdington!

CASH BUYERS ONLY!

An exciting opportunity awaits with this extended three-bedroom, end-of-terrace property, currently divided into two self-contained flats, each with private entrances and their own electric supply! Both flats have a gas central heating boiler installed with the gas running off the same supply. Offering fantastic potential for investors or ambitious homeowners, this property requires some updating, making it the perfect project to put your stamp on.

The ground-floor flat is accessed via a side lean-to leading to the rear, where the entrance opens into a kitchen extension. Inside, you will find a lounge/dining room, a bedroom with built-in wardrobes featuring sliding mirrored doors and a decorative inset fire surround, along with a shower room that includes handy understairs storage and vanity units. With some modern touches, this space could be transformed into a desirable rental or comfortable living space.

The first-floor flat is accessed through a UPVC double-glazed porch, with stairs leading to a landing and doors to the lounge, fitted kitchen, double bedroom, and shower room. Though in need of updating, the flat offers a fantastic layout for customisation and rental potential.

Outside, the front is block-paved, and with planning permission for a dropped kerb, it could become a convenient driveway for two cars. The rear garden is paved for low maintenance, making it ideal for those seeking a hassle-free outdoor space.

This freehold property also offers the possibility to split the titles (subject to planning permission), adding further value. Each flat has its own electric supply and individual gas central heating boilers with the gas running off the same supply. While it may require a cash buyer due to the current configuration, those seeking a mortgage are advised to consult a professional to ensure eligibility prior to viewing. With the right vision and upgrades, this property could become an exceptional investment or a charming home.

Within just a mile radius of the property, you will find both Erdington and Chester Road Train Stations, offering excellent transport links for commuters, as well as the bustling Erdington High Street with its variety of shops and essential services. The area is well-served by local schools, making it a convenient choice for families. Additionally, there are a range of amenities nearby, from parks and leisure facilities to everyday conveniences like supermarkets and healthcare.

While the area retains its charm with a mix of established homes and ongoing improvements, it's increasingly popular with buyers seeking affordable properties in a location that offers great connectivity and potential. The proximity to Birmingham city centre, combined with the availability of transport links and local services, makes this an appealing choice for those looking to invest in a developing area with solid long-term prospects.

Council Tax Band: B (Birmingham City Council)
Tenure: Freehold

Agent Details

Just Move Estate Agents & Lettings, Great Barr

0121 387 6486

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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