£140,000
2 bed flat for saleBelle Vale, Halesowen, West Midlands B63
2 beds
2 baths
1 reception
EPC Rating: C
- Leasehold
MECS Sales & Lettings
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About this property
Approx 100 Years on the Lease
£2,000 yearly inc ground rent, building insurance and maintenance
Great Location
Tenants in Situ
EPC C
Council Tax A
En Suite
Allocated Parking
Two-Bedroom Flat In Belle Vale, Halesowen - Tenants In Situ, Ideal Investment
Located in the sought-after area of Belle Vale, Halesowen, this two-bedroom flat presents an excellent opportunity for investors or homeowners alike. Benefitting from a lease of approximately 100 years, this property not only offers peace of mind regarding long-term ownership but also comes with tenants in situ – ideal for those looking for immediate rental income and a straightforward investment.
The flat includes two generously sized bedrooms, the main bedroom has a spacious ensuite perfect for versatile living arrangements, whether for a couple, a small family, or professional sharers. The property also features a well-maintained bathroom and a bright and airy reception room, providing a comfortable space to relax or entertain.
For those conscious of running costs, the property’s yearly expenditure, which includes ground rent, building insurance, and maintenance, at approximately £2,000. This transparent and manageable cost structure makes the flat financially appealing, especially for first-time investors or those looking to expand their property portfolio.
The flat boasts an EPC rating of C, ensuring energy efficiency and helping to keep utility bills lower. Additionally, the property falls under Council Tax Band A, making it one of the more affordable options for council tax in the area.
Belle Vale is a prime residential location in Halesowen, offering a blend of convenience and community. The area benefits from nearby amenities, including shops, schools, and green spaces, making it desirable for residents. With excellent transport links, commuting to surrounding towns and cities is made easy, further enhancing the property’s appeal.
The £2,000 yearly charge inc ground rent, building insurance and maintenance. Please note this is the current charge and it does rise annually.
This flat represents a fantastic opportunity for those seeking a property with tenants already in place, a great location, and affordability in its running costs. Whether you’re an experienced landlord or a first-time buyer, this property has much to offer. Don’t miss out on securing a valuable asset in Belle Vale, Halesowen.
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More information
Tenure
Leasehold (99 years)
Service charge
Council tax band
A
Ground rent
£2,000
Ground rent date of next review