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Elbow Street, Cradley Heath

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • TENANT PAYING £575 PCM
  • EPC: B
  • VERY CONVENIENT LOCATION
  • TWO DOUBLE BEDROOMS
  • ALLOCATED PARKING SPACE
  • MODERN SECOND FLOOR APARTMENT
  • FITTED BREAKFAST KITCHEN
  • BATHROOM WITH SHOWER
  • SPACIOUS LOUNGE
  • GOOD LENGTH LEASE

Description

**LANDLORD REQUIRED** ** CALLING ALL INVESTORS 6.3% YIELD @£575 PCM **
Modern second floor two bedroom apartment in a popular and convenient location for all local amenities; most notably Old Hill train station and high street. The property briefly comprises: entrance hall, spacious lounge, fitted kitchen, two double bedrooms and bathroom with shower. The property further benefits from: allocated parking space, well kept communal grounds, double glazing and electric heating. TENANT PAYING £575 PCM. VIEWING HIGHLY RECOMMENDED. SUPERB INVESTMENT OPPORTUNITY. EPC: B

Entrance Hall - With two storage cupboards, intercom and doors into:

Living Room - 4.98m x 3.48m (max) (16'4 x 11'5 (max)) - With feature fireplace, electric fire, electric heater, double glazed window to side elevation and door into:

Fitted Breakfast Kitchen - 3.07m x 2.18m (10'1 x 7'2) - Having matching wall and base units with worktops over to incorporate single drainer sink unit, integrated oven, integrated electric hob, extractor over, space for fridge freezer, plumbing for automatic washing machine and double glazed window to rear elevation.

Bedroom One - 4.11m x 2.82m (max) (13'6 x 9'3 (max)) - With electric heater and double glazed window to rear elevation.

Bedroom Two - 3.10m x 2.82m (10'2 x 9'3 ) - With electric heater and double glazed window to rear elevation.

Bathroom - Having panel bath with shower over, pedestal wash hand basin, low flush wc and ceramic tiling.

Outside - With allocated parking space, visitor parking spaces and well kept communal grounds.

Agents Note - We have been informed that the property has a 155 year lease term from 2004. Therefore the lease length is now approximately 136 years.

We have been informed that the ground rent is £95 per annum and the service charges are £719.66 per half year to include buildings insurance.

COUNCIL TAX BAND: B
All main services connected apart from Gas.
Broadband/Mobile coverage- please check on link- //checker.ofcom.org.uk/en-gb/broadband-coverage
EPC:B

Brochures

Elbow Street, Cradley HeathBrochure

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£95 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£719.66

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

136 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: B

Elbow Street, Cradley Heath

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Hill Station0.5 miles
  • Cradley Heath Station1.1 miles
  • Rowley Regis Station1.5 miles
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About the agent

Hicks Hadley, Halesowen

13 Hagley Road, Halesowen, B63 4PU

Hicks Hadley, Halesowen

HICKS HADLEY are a local independant estate agent providing a professional service in both residential sales and lettings.

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 32701676. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hicks Hadley, Halesowen. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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