Terraced house for sale in Meadow Road, Quinton, Birmingham B32

**** social housing investment property **** | Contemporary 4 bedroom 2 bathroom modern build investment potential | Spanning three floors | Located on a reputable road in Quinton Mews | Monthly Income £1,125 pcm | Social housing lease in place since 2021 | Annual income £13,500 |

Property Description

**** new instruction ****social housing investment opportunity **** lease in place, instant income generator **** income £1,300 pcm

A modern constructed 4 bedroom 2 bathroom terrace residence, situated conveniently in Quinton Mews near to local amenities and bus routes. Rental income £1,300 pcm . 5 years Social housing lease since 2021.

Ground floor features entrance hall with laminated flooring, contemporary fully fitted kitchen with integrated appliances, spacious lounge and a generous conservatory that provides access to the walled private rear garden.

The first floor accommodates two well proportioned bedrooms and a modern bathroom.

On the second floor, there is two sizable bedrooms with a fitted en suite shower room located in room 4.

Walled private rear garden

Epc C
Council Tax Banding D
Annual Income £15,600
2% buyers Fee

Buyers Fee And Reservation

This sale is subject to A 2% plus VAT buyers fee based on the agreed sale price at a minimum fee of £2500 plus VAT.

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 The vendor has withdrawn from the sale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

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