Birmingham - 31% Below Market Value Refurbishment Opportunity - Click For More Info

Surface size

Bedrooms

3

Bathrooms


Birmingham

26/08/2021

Details
Region: West Midlands
City: Birmingham
Category: Property for Sale
Seller type: Agency
Property type: House
Number of bedrooms: 3
Date: 26/08/2021

Description
If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940 31% Below Market Value Refurbishment Opportunity 3 Bedroom Semi Detached House Neville Road, Birmingham, B23 7SB Market Value = £170,000 Purchase Price = £118,000 Finder’s Fee = £7,500 + Vat Potential Gross Income = £850 pcm = £10,200 per annum CASHFLOW AFTER ALL THE ABOVE COSTS Managed = £748 pcm = £8,976 per annum Self Managed = £850 pcm = £10,200 per annum For a limited time only, we have managed to secure a 3-bedroom semi-detached property close to Birmingham City Centre. The property is an extended traditional freehold centrally heated, double glazed 3-bedroom semi-detached house in need of some cosmetic refurbishment. The property occupies an elevated position with panoramic views and comprises enclosed porch entrance, hallway, lounge, dining room, kitchen, utility, bathroom, rear garage and garden. Once refurbished the property can be let out as a single let £850 pcm. It can then be re-financed onto buy to let mortgage off of new market value of £170,000. The property could be purchased by cash but can use bridging finance as well. The property is situated in an area that has great transport connections, close to City Centre, shopping facilities and other local amenities the city has to offer. If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

3 Bds - Ba - m2

Birmingham - 31% Below Market Value Refurbishment Opportunity - Click For More Info

Birmingham

26/08/2021

Seller information
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Property Investor App

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AD ID 10397

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