Flat for sale in Winster Avenue, Dorridge, Solihull B93

Fabulous investment | Two bedrooms | Top floor flat | Off Road Parking | Great location | EPC E | Rental Income £730 pcm | Double glazed throughout | 67 Years Lease Remaining | 2% Buyers Fee plus VAT

Property Description

****introducing winster avenue**** leasehold investment opportunity **** bentley heath, solihull****

Introducing Winster Avenue, 2 bedroom apartment in Bentley Heath, B93, brought to you by Genie Homes. Currently, this property comes with the added advantage of a tenant in place, generating a monthly rental income of £730. This presents an excellent investment opportunity, and there is potential to enhance the rental yield over time. The upcoming rental review is scheduled for December 2023. The apartment is ideally situated on the top floor.

This leasehold property has approximately 67 years remaining. If you're considering financing the purchase, it's essential to confirm with your lenders their willingness to provide a mortgage under the lease terms. The property incurs an annual ground rent of £160, while there is no service charge.

The accommodation comprises a spacious Lounge/ Dining Room, a fully fitted kitchen, two bedrooms and a bathroom. The communal gardens surround the apartment complex adding to the visual appeal, and off-road parking is available.

Additional details

Council Tax Band: C
Energy Performance Certificate (EPC) E

Bentley Heath, located in the Solihull borough, offers ample green spaces and amenities, including a primary school, village hall, butchers, supermarket, and a post office. Winster Avenue enjoys the proximity to major road networks, particularly the M42, and benefits from a nearby train station in Dorridge plus bus routes.

Lounge / Diner (6.20 x 3.40 (20'4" x 11'1"))

With laminate flooring, electric heater and three sets ofl balcony doors surrounding the room.

Kitchen (3.00 x 1.80 (9'10" x 5'10"))

Fully fitted kitchem with integrated oven and electric hob, wall and base level units. Laminate flooring and grey worktop. Tiled splashback and double glazed window above stainless steel sink

Bedroom 1 (3.00 x 3.00 (9'10" x 9'10"))

Laminate flooring, electric heater, double glazed window

Bedroom 2 (2.60 x 2.00 (8'6" x 6'6"))

Laminate flooring, electric heater, velux window

Bathroom (2.20 x 2.00 (7'2" x 6'6"))

Fully fitted with wc, hand basin, bath and over shower, velux window.

Buyers Fee And Reservation

Buyers Fee And Reservation - This sale is subject to A 2% plus VAT buyers fee based on the agreed sale price.

If you make an offer and it is accepted, a minimum of 50% of the fee is payable within 2 working days in order to take the property off the market.

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

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 / remortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

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

Possession

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