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Offers in region of

£170,000

(£255/sq. ft)

3 bed flat for sale

Ladywood Middleway, Edgbaston, Birmingham B16

  • Leasehold

    • 3 beds

    • 1 bath

    • 667 sq. ft

  • EPC Rating: D

Key information

About this property

  • Great Location

  • City Centre 3 bedroom apartment

  • Close to Five Way Train Station

  • Gas Central Heating

  • Access to M6, M5, M42

  • Spacious Lounge with adjoining balcony

  • Two large double rooms

  • Double Glazed throughout

  • Instant income generator.

  • 2%+VAT Buyer fee

*** New Instruction***

Genie Homes are excited to offer this 3-bedroom flat located on Ladywood Middleway in Birmingham. This spacious apartment is situated just a stone's throw away from the bustling Five Ways roundabout, making it an ideal choice for those looking to be close to the city centre action.

Upon entering, you'll be greeted by a newly fitted kitchen, perfect for whipping up delicious meals or entertaining guests. The property boasts two large double bedrooms, providing ample space for relaxation and rest. The third bedroom offers flexibility - whether you need an additional bedroom, a home office, or a playroom for the little ones.

The highlight of this flat is the large and airy lounge area, complete with an adjoining balcony where you can unwind and enjoy a cup of tea while taking in the views. This space is perfect for any potential tenants or family.

Whether you are an investor looking for a prime city centre property this perfectly located apartment offers the ideal investment . Don't miss out on the opportunity to own this apartment which offers the vibrant lifestyle that Birmingham has to offer to any potential tenant/family.

Viewing highly recommended

Property Description

*** new instruction *** spacious 3 bedroom apartment *** instant income generator ***

Genie Homes are excited to offer this well proportion mid floor 3 bedroom investment apartment in Ladywood Middleway just a stone throw from Five Ways roundabout situated in the highly regarded Five Way area of Birmingham, close to all amenities and transport links.

Upon entering, you are welcomed by a spacious hallway., fully equipped kitchen modem kitchen, electric hob, stainless steel extractor hood, oven, stainless Steel sink with mixer tap, fridge/ freezer, white base units with black work tops. Washing machine, dishwasher.

The apartment boasts two generously sized double bedrooms and a good size single bedroom. The bathroom offers a full-sized bath with a shower over, WC. & hand wash basin with under vanity unit, chrome heated towel rail. Vinyl flooring.

The apartment further benefits no upward chain. On road parking permit needed

Ideal investment property for tenants or family's looking for the vibrant local culture, with an array of shops, restaurants, and galleries right on your doorstep. Exceptional transport links with buses and train station within walking distance. Your future tenant can embrace the best of city living in this stylish mid-floor haven.

Tenure: Leasehold - 99 years remaining
Service Charge: £ per annum
Ground Rent: £per annum
Ground Rent Review Period: Tbc
Ground Rent Review Amount: Tbc
Next Ground Rent Review: Tbc
Property Construction: Brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Refer to Ofcom
Mobile Signal Coverage: No known issues
Building Safety Issues: None
Restrictions: None
Rights And Easements: No
Flood Risks Or Previous Flooding: None
Past Or Present Planning Permissions Or Applications: No
Is the property located in a Coalfield Or Mining Area: No

Rental Breakdown

Monthly Income £950
Annual Gross Income £11,400
Gross Yield 6.70%

Buyers Fee And Reservation

Genie Homes pride ourselves on our simple and secure buying process.

This sale is subject to a 2% plus VAT Buyers Fee and this is based on the agreed sale price.

Please contact us to arrange a viewing. We will ask you to provide proof of funds and photographic identification prior to attending, to make sure we cause minimal disruption to any tenants that may reside at the property.

Once you have viewed the property, we will ask you for feedback.

If you make an offer and it is accepted, the full 2% plus VAT is then applicable in order to take the property off the market within 2 working days of your offer.

Please note: Should the property purchase not complete, the reservation fee will be refundable in only these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage-
ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

The benefits of a buyers fee to the buyer are:

- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.

- This approach allows you to secure the property and start the conveyancing process
quickly.

- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.

- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.

All of these elements provide peace of mind from the outset, along with our personal and proactive approach.

We look forward to hearing from you soon.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.

Tenure - Leasehold

Possession - Tenanted

Viewings - Strictly by appointment through Genie Homes

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More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Genie Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Genie Homes for full details and further information.