Perry Barr Locks, Fairview Avenue, Birmingham
![Genie Homes, Birmingham](https://media.rightmove.co.uk/73k/72240/branch_logo_72240_2.jpg)
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 3 charming apartments, Character Property, Detached.
- Beautiful Location
- Grade II Listed
- Fully Refurbished
- Modern Kitchen
- Stylish Bathroom
- Canal Side
- Ideal Investment Property, Tenant Occupied
- 8.38% Yield
- 2%+VAT Buyers Fee
Description
Genie Homes are happy to welcome you to this unique Grade 2 listed character property located in the picturesque Perry Barr Locks, Fairview Avenue, Birmingham. The building is made up for 3 individual apartments.
Situated in a stunning canal-side setting, this property offers not only beautifully refurbished interiors but also a tranquil environment. The recent refurbishment ensures that you can enjoy modern amenities while still basking in the historical charm of this Grade 2 listed building.
If you are looking for an investment opportunity, this property ticks all the boxes. Don't miss out on the chance to own a piece of history in this beautiful location. Contact us today to arrange a viewing and experience the magic of canal-side living at its finest.
Property Description - **** NEW INSTRUCTION **** IDEAL INVESTMENT OPPORTUNITY****
Here we have an amazing building consisting of three one bedroom apartments.
This property would be suited to a first time landlord or investor looking to expand their portfolio.
Area and Location:
The Perry Barr Locks consist of three newly refurbished apartments within the historical Lock House.
Fairview Avenue is a quiet road just off the A34, so the property has great transport links leading to the City Centre and plenty of on street parking.
Property Details:
Apartment One EPC E
Apartment Two EPC D
Apartment Three EPC E
Freehold
Buy-to-Let Opportunity
Investment potential details on request
Council Tax Band A
Tenure: 2 of 3 apartments tenanted
Rental potential £28,500
Gross Yield 8.38%
Rental Breakdown - Apartment 1 Rental income £725
Apartment 2 Rental Income £825 Currently Vacant
Apartment 3 Rental Income £825
Monthly income £2,375 Annual income £28,500
Buyers Fee And Reservation - Genie Homes pride ourselves on our simple and secure buying process.
This sale is subject to a 2% plus VAT Buyers Fee and this is based on the agreed sale price.
Please contact us to arrange a viewing. We will ask you to provide proof of funds and photographic identification prior to attending, to make sure we cause minimal disruption to any tenants that may reside at the property.
Once you have viewed the property, we will ask you for feedback.
If you make an offer and it is accepted, the full 2% plus VAT is then applicable in order to take the property off the market.
Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage-
ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)
The benefits of a buyers fee to the buyer are:
- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.
- This approach allows you to secure the property and start the conveyancing process
quickly.
- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.
- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.
All of these elements provide peace of mind from the outset, along with our personal and proactive approach.
We look forward to hearing from you soon.
Disclaimer - Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
TENURE
Freehold
POSSESSION
Two out of Three Apartments tenanted
VIEWING
Viewing strictly by appointment through Genie Homes
Brochures
Perry Barr Locks, Fairview Avenue, BirminghamBrochure- 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: A
- LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
- Listed
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Perry Barr Locks, Fairview Avenue, Birmingham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hamstead Station0.6 miles
- Perry Barr Station1.3 miles
- Witton Station1.9 miles
About the agent
Genie Homes, based in Birmingham and the Black Country, are the areas most dedicated HMO and letting enthusiasts. Combining 50 years of property experience and an intimate knowledge of Birmingham's letting and HMO letting scenes, we go the extra mile to provide a quality service for investors, landlords and our tenants.
Situated in Longbridge, we have a team of knowledgeable and driven staff that cover all corners of the Birmingham market. Whether it's booking a viewing, asking for help
Industry affiliations
![Property Redress Scheme](https://media.rightmove.co.uk/dir/customer/industry-affiliation/property-redress-scheme_max_135x100.png)
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33294129. 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 Genie Homes, Birmingham. 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.
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