£130,000
1 bed flat for saleWagon Lane, Birmingham, West Midlands B26
1 bed
1 bath
1 reception
EPC Rating: D
About this property
First floor apartment
Allocated parking space
Sought after location
Lift access to all floors
Secure keyfob entry
Excellent first time buy or investment
Current investment yield of 7%
Opportunity to purchase with tenant in situ
The property benefits from being excellently situated nearby to transport links providing a short commute to either Solihull Town centre or Birmingham City centre and surrounding areas, with an allocated parking space and secure key fob and intercom entry system.
Located just outside of Solihull, Sheldon offers a wide range of amenities; local parks, shopping districts, and just a stones-throw from Birmingham International Airport and railway station, home to the National Exhibition Centre and Resorts World shopping district. A highly regarded schooling district is complemented by easy access to commuter transport links including the M42 to the M1, M5 and M6 motorways, with Birmingham and Solihull only ten minutes away along with being within close proximity to the highly anticipated HS2.
Agent Note
Please note that an aml fee of £80.00 including VAT is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Tenure
We have been advised that the property is being sold as leasehold with approximately 244 years unexpired. The latest figures shared with ourselves for service charge are; £1,904.71 per annum with a separate ground rent of; £150.00 per annum paid half yearly.
Viewings
Strictly by appointment only and accompanied by a representative from Dixons Estate Agents Solihull.
Particulars Disclaimer
While we endeavour to ensure the accuracy of these particulars, Dixons Estate Agents has not seen the original title deeds, have not tested any appliances, and cannot legitimately verify any of the information we have been given to advertise. Any descriptions or diagrams shown are a rough guide to assist you with the general look and feel of the property, all measurements taken or shown are not necessarily accurate or to scale. You are advised to clarify any and all information with your legal representative prior to exchange of contracts.
Mortgage calculator
£650 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (243 years)
Service charge
£1,905 per year
Council tax band
A
Ground rent
£150
Ground rent date of next review



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