2 bed maisonette for sale

Cheswood Drive, Minworth, Sutton Coldfield, West Midlands B76

Investment opportunity – sold via modern method of auction

Two-bedroom ground floor maisonette with tenants in situ, generating approx. 7.3% yield. Includes spacious lounge, fitted kitchen, bathroom, communal green space and allocated parking. Well located for retail, amenities and transport links.

*** for sale through modern method of auction ***

Located on a quiet residential street in Minworth, this two-bedroom ground floor maisonette offers a solid rental yield and immediate income potential, with tenants already in situ.

The layout includes two double bedrooms, a spacious living room, a fitted kitchen and a bathroom with a white suite and electric shower. The kitchen provides good worktop space, storage and room for freestanding appliances. The living room is bright and generously sized, suitable for both lounge and dining use.

Double glazing and electric heating are present throughout, and the property benefits from communal green space and allocated parking outside.

Situated close to Minworth retail park, local amenities, and excellent transport links via the A38 and M6, this maisonette is a straightforward buy for investors looking for steady returns and no initial refurbishment.

With a yield of around 7.3% and tenants in place, it’s a practical investment opportunity ready to generate income from day one.

Material information...
Council Tax Band: B
Tenure: Leasehold
Lease Length: 47 Years Remaining
Service Charge: £129 Per Annum
Ground Rent: £52.50 Per annum
Property Construction: Brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Available
Mobile Signal Coverage: Please refer to Ofcom
Flood Risk: Low
Coalfield Area: Please check Coal Authority records
Current Tenancy Status: Tenanted – investor purchase only

agents note:
We haven’t tested any electrical or heating systems. Buyers are advised to carry out their own investigations. Floor plans and room sizes are approximate. As part of Money Laundering Regulations, we are required to verify all buyers’ identity prior to agreeing a sale.

Fixtures and fittings:
Items listed in these particulars are assumed included unless stated otherwise.

Auctioneer Comments
This property is for sale by Modern Method of Auction. The buyer and seller must complete within the 56-Day Reservation Period. Interested parties’ details will be shared with iamsold Ltd (the auctioneer).

If you’re purchasing with a mortgage, you should ensure your lender is aware the purchase is by auction and that the property is suitable. A Buyer Information Pack is available and must be reviewed before bidding. The buyer is responsible for the cost of this pack.

A Reservation Fee of 4.5% (inc VAT) of the purchase price applies, subject to a minimum of £6,600 inc VAT. This is non-refundable and payable in addition to the purchase price. It forms part of the stamp duty calculation.

John Shepherd and the auctioneer may recommend additional services for which they may receive a referral fee of up to £960 inc VAT. These services are entirely optional.