2 bed flat for sale

Lichfield Road, Sutton Coldfield B74

Our latest listing is a two-bedroom flat in Sutton Coldfield, ideally situated close to essential amenities. It offers strong potential for rental returns and is currently tenant-occupied.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This flat features an expansive, well-lit lounge, a fully equipped kitchen, and a three-piece bathroom. Residents also benefit from an allocated parking space.

Conveniently located just a few hundred meters from the rail station, the property offers easy access to both Birmingham and Lichfield. It is also near Coppice Primary School, The Arthur Terry School, and Good Hope Hospital, making it an ideal choice for working professionals.

Investment details

It currently produces an annual gross income of £10,500, which the new owner could increase to a market rate of £10,572 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have been residing in the property for several years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.

Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.