1 bed flat for sale

Interchange, Coventry Road, Sheldon, Birmingham B26

Investment opportunity | currently tenanted | £875 pcm rent | 8.08% gross yield | allocated parking | no upward chain | near nec & birmingham airport

A ready-made buy-to-let investment with a tenant already in place, £875 pcm rental income, allocated parking and an excellent Sheldon location close to Birmingham Airport and the nec.

Flat 18, Interchange on Coventry Road, Sheldon, Birmingham, offers landlords and investors the opportunity to purchase a currently tenanted investment property with an established rental income of £875 per calendar month (£10,500 per annum).

At a guide price of £130,000, the property produces an approximate gross rental yield of 8.08%, making it an appealing option for investors looking for rental income from day one.

The apartment benefits from allocated parking, lift access and communal areas, which are currently being refreshed. The existing tenancy provides an immediate rental income stream, while the property's location should continue to appeal to tenants seeking convenient access to Birmingham, the nec and the airport.

Situated on Coventry Road in Sheldon (B26), the property is exceptionally well placed for Birmingham International Airport, the nec and Birmingham International railway station, as well as major road links including the A45 and M42.

Birmingham city centre and Coventry are also within easy reach, making the location particularly attractive to commuters, airport and nec employees, and those working across Birmingham and the wider West Midlands.

An opportunity for a landlord or investor seeking a tenanted buy-to-let apartment with strong rental income, parking and excellent transport links, all offered with no upward chain.

Anti money laundring checks

We are required by law to carry out Anti-Money Laundering checks on all individuals who are selling or buying a property. It is our responsibility to ensure that these checks are carried out correctly and monitored continuously. However, our partner, IAmProperty, will conduct the initial checks on our behalf. They will contact you once your offer has been agreed upon and we are in receipt of id.
These checks incur a non-refundable fee of £30 (inclusive of VAT). The fee covers the collection of relevant data, manual checks, and monitoring. You will need to pay this fee to IAmProperty to complete all Anti-Money Laundering checks before your offer can be formally agreed upon.
Exp will receive a portion of the fee charged by IAmProperty to compensate for our role in providing these checks.

Agents' Note:

We have not tested any electrical, central heating, or sanitaryware appliances. Prospective purchasers are advised to carry out their own investigations regarding the functionality of these items. Floor plans are provided for identification purposes only and are not to scale. All room measurements in these sales particulars are approximate. Any subjective comments included reflect the opinion of the selling agent at the time of preparing these details and may not necessarily align with the opinions of a purchaser. These sales particulars are produced in good faith as a general guide and do not form any part of a contract or offer. Purchasers are advised to confirm with the agent which fixtures and fittings are included in the sale at the point of making an offer. All images contained within these particulars are the property of kmg-Prop Limited trading as Karolina Grzyb exp not be reproduced without prior written consent.