Terraced house for sale in Gipsy Lane, Birmingham B23

Offers in region of £200,000
Interested in this property? Call +44 121 721 9573 * or Request Details

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Terraced house for sale - 3 bedrooms

3 1 2 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Council tax band:
B

Property features

  • Private garden
  • Central heating
  • Double glazing
  • Tenanted offering 5% yield

Property description

Family Home with Investment Potential

Welcome to Gipsy Lane, a residence nestled in the heart of Erdington, Birmingham. Boasting a good location just 1.4 miles from Gravelly Hill train station with links to Birmingham City Centre, this property presents a fantastic opportunity for both homeowners and investors alike.

Key Features:

Spacious Accommodation: Spread across two floors, this charming home offers ample living space, comprising three generously sized bedrooms, perfect for accommodating a growing family or hosting guests.

Versatile Living Spaces: The ground floor encompasses two reception rooms, providing versatile spaces for relaxation, entertainment, or gatherings. The separate kitchen offers functionality and convenience for home cooking.

Upstairs Bathroom: The property features a well-appointed upstairs bathroom, providing modern amenities and comfort.

Outdoor Space Step outside into the good sized garden, where you can relax and unwind, host barbecues, allow to kids to run around or enjoy gardening.
Investment Potential:

Currently, this property is tenanted, offering a steady rental income with a commendable 5% yield. However, savvy investors will appreciate the potential for further yield optimisation, with the possibility of achieving a 5.7% yield through strategic enhancements or rental adjustments.

Summary:

In summary, Gipsy Lane presents an enticing blend of comfort, convenience, and investment potential. Whether you're seeking a family home in a sought-after location or aiming to expand your property portfolio, this residence offers the ideal combination of features to fulfill your aspirations. Don't miss out on the opportunity to make this charming property your own!

For more information or to arrange a viewing, please contact Rooster Estate Agents

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Rooster Property, B73 on +44 121 721 9573 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rooster Property, and do not constitute property particulars. Please contact Rooster Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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