1 Bed Flat For Sale Hamstead Road, Birmingham, B43

£120,000- Flat

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 20th June 2024

Description

Quote Code: DC0118

Offering no upward chain and ready to move into, what a fabulous opportunity this could be for someone to get onto the ladder. Whether it be your first home to live in, a first time Buy To Let Investment or one to add to your growing portfolio; what a superb property this is.

Set back from the road and positioned on the first floor, this well presented one bedroom maisonette comprises of: a private entrance/front door into a hall with space for coats and shoes, stairs leading to the first floor and accommodation. Through a door at the top of the stairs, leads into a light, airy and spacious lounge with large double glazed window to front, central heating radiator, store cupboard over the stairs and door into the hallway. From the hall there are doors to a store cupboard, shower room, bedroom and opening into the kitchen. The bedroom is large enough for a double bed and wardrobes, benefitting from a double glazed window to rear aspect and a central heating radiator. The shower room has a walk-in shower, toilet and wash basin, central heating radiator and sky light. The kitchen located at the rear has fitted wall and base units with integrated sink and drainer, electric cooker with gas hob and extractor fan over, store cupboard housing the combination boiler and door leading out onto the private balcony. The property also benefits from having a large and private storage unit/cupboard, located outside and within a secure gated area.

Located within close proximity to amenities for those every day needs and transport links that provide access into and around the City.

We have been informed but not seen evidence of the following:

Lease - approximately 95 years remaining

Service Charge - circa £280 per annum

Ground Rent - circa £10 per annum

NOTE: the property has just recently been bought with the intention of it being Let out. However, due to a change in the sellers circumstances the property is available For Sale. Therefore, as it is being sold again within six months of ownership, you must notify your mortgage lender and conveyancer. For more information please ask.

Quote Code: DC0118

Information on Anti-Money Laundering 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 £20 (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.

Dean Coleman powered by eXp and its Clients give notice that: they have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary Planning, Building Regulation or other consents, and Dean Coleman powered by eXp has not tested any services, equipment, or facilities. Purchasers must satisfy themselves by inspection or otherwise. Dean Coleman powered by eXp is a member of The Property Ombudsman scheme and subscribes to The Property Ombudsman Code of Practice.

Agent Details
eXp UK
1 Northumberland Avenue, Trafalgar Square, London, WC2N 5BW

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£200,000
Birmingham, B20
Semi Detached
7
£99,950
Birmingham, B42
Apartment
7
£220,000
Birmingham, B20
Semi Detached
6.3
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested