£280,000
(£225/sq. ft)
5 bed semi-detached house for saleWellington Road, Handsworth, West Midlands B20
5 beds
1 bath
1 reception
1,247 sq. ft
- Freehold
MECS Sales & Lettings
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About this property
Good location
Great Investment
Currently Tenanted
3 Self contained flats
Motivated Seller
Rents due to increase
Investor only
Handsworth
Invest In A Prime Handsworth Property 3 Self-Contained Flats With Great Potential!
Are you looking for an investment property with great potential in the heart of Smethwick? Look no further than this fantastic opportunity to own a property featuring 3 self-contained flats, offering not only a secure investment but also the flexibility to cater to various housing needs.
Located in a prime location in Handsworth, this property is ideal for savvy investors or buyers looking for a cost-effective way to own multiple living spaces. Each flat boasts 3 bedrooms, 1 bathroom, and 1 reception area, ensuring comfortable and spacious living for occupants.
The beauty of this property lies in its versatility. Investors can benefit from the potential rental income generated from renting out all three flats individually, maximizing your returns. With the rising demand for rental properties in Handsworth, this investment promises a steady flow of income and long-term growth.
Furthermore, for buyers looking for a property that accommodates a multi-generational family setup or those in need of extra living space, this property offers the perfect solution. Enjoy the privacy and independence of three self-contained living quarters, each designed to provide a comfortable and homely environment.
The property's convenient location in Smethwick adds to its appeal. Close to local amenities, transport links, and reputable schools, residents will find everything they need within easy reach. Whether you are an investor looking to expand your property portfolio or a homeowner seeking a versatile living arrangement, this property ticks all the boxes.
Current Rents:
Flat 1: £625 pcm (Studio)
Flat 2: £675 pcm (1 bed)
Flat 3: £700 pcm
Rents are due to increase, making this suitable for investors only, as we are seeking a quick transaction from a motivated seller.
Two properties offering a 9% gross yield are being sold together.
Please call the office on to get booked in for a viewing.
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