Chester Road, Birmingham, B24
PU

Chester Road, Birmingham, B24

By Pure Investor

£ 137,500

Reviews

2 out of 5 stars

Pure Investor says ..

2 Bedroom First Floor Apartment | Being Sold With a Tenant In Situ | Gross Rental Yield Of 6.9% | Annual Rental Income Just Under £10,000 Per Annum | Good Length Lease | Investment Property

Property Oracle says ..

This 2-bedroom, 1-bathroom flat located on Chester Road in Erdington, Birmingham, is presented as a potential investment property. The listing highlights a rental yield exceeding 6%, suggesting a strong return on investment in the local rental market. The provided photos showcase a relatively modern interior, well-maintained and freshly decorated in neutral colours. The apartment features a decent-sized living area with large windows and a modern kitchen. While the bedrooms are adequately sized, the property lacks outdoor space. The location offers convenient access to Chester Road train station and various bus routes, enhancing its appeal to commuters. Several primary and secondary schools are also within a reasonable distance. However, more detailed insights into the condition of the building and specific information on the other neighbouring properties is required for a complete evaluation of the property. The lack of garden space is a notable drawback. Overall, this apartment seems suitable for both owner-occupiers looking for a comfortable home and investors seeking rental income, but prospective buyers should conduct a thorough structural survey before making a final decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
753.47

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Agent Activity

  • Pure Investor created the listing.

Images