Guide price
£220,000
2 bed terraced house for sale15 Tew Park Road, Birmingham B21
2 beds
1 bath
About this property
Prime Property Auctions is excited to present an exceptional 3 Bedroom Terrace within a prime location in Birmingham - Guide Price £127500
***59 Tew Park Road, Birmingham, B21 0TP Previously sold for £180,000. 89 Tew Park Road, Birmingham, B21 0TP Previously sold for £163,000. 102 Boulton Road, Birmingham, B21 0RE Previously sold for £195,000. 55 Reynolds Road, Birmingham, B21 0th Previously sold for £242,500***
The Property is currently tenanted at £600 p/m (£7,200 p/a), Based on current market rent, the property could potentially achieve between £825-875 per month ( £9,900 - £10,500 p/a).
Sure to appeal to shrewd buy to let investors looking for a great turnkey investment opportunity in a sought after location. ***cash flow from day one***
Property is being offered at a discount to ensure Auction sale - Local sales evidence shows that there is great capital growth potential - ***Guide price £110,000***
Property comprises: Entrance Hallway, Lounge and Kitchen, 3 Large Double bedrooms and Bathroom. Property benefits from ample storage throughout, On street parking and a large yard to the rear.
The Property is currently tenanted at £600 p/m (£7,200 p/a), Based on current market rent, the property could potentially achieve between £825-875 per month ( £9,900 - £10,500 p/a).
Sure to appeal to shrewd buy to let investors looking for an already let property in a within prime location.
Excellent turn-key investment Opportunity. Sure to appeal to investors looking for an already let property in a sought after location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand.
Sold Comparables:
*** 102 Boulton Road, Birmingham, B21 0RE Previously sold for £195,000. 55 Reynolds Road, Birmingham, B21 0th Previously sold for £242,500***
Property is sure to appeal to investors looking for a ready to let property with great yield.
This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
People choose to live and invest in Birmingham for a multitude of reasons, drawn by the city's dynamic blend of rich cultural heritage, economic opportunities, and a burgeoning urban renaissance. Birmingham boasts a diverse and welcoming community, a vibrant arts scene, and a plethora of culinary delights. As an economic hub, the city offers a strategic location for businesses, with excellent transportation links and a skilled workforce. The property market is attractive, offering a range of housing options from historic neighbourhoods to modern developments. Additionally, ongoing revitalization projects and investments in infrastructure contribute to the city's overall appeal, making Birmingham an enticing prospect for both residents seeking a high quality of life and investors eyeing a promising market.
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