2 bedroom apartment for sale

  • £120,000
  • 11.0% Rental Yield
  • 80 ALI
Holly Lane, Smethwick, B66
For Sale

2 bedroom apartment for sale

Holly Lane, Smethwick, B66
  • £120,000
  • 11.0% Rental Yield
  • 80 ALI

Overview

Updated on February 15, 2023
  • Property Type
  • 2
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

The Property
This two bedroom apartment situated in a gated development is the ideal purchase for first time buyers. The property has been well maintained throughout and benefits from a recently fitted bathroom.

Situated in a much sought after location in Oldbury being well located for local amenities with easy access to West Bromwich, Smethwick and Oldbury Town Centres along with the Bustling city of Birmingham all offering a wealth of shops, supermarkets, entertainment venues and family friendly dining.

Excellent transport links are within easy reach which includes Sandwell and Dudley train station and a variety of local bus routes.

For the motorway user, Junction 2 of the M5 is less than two miles away and the train station at New Street in Birmingham is the central hub of the British railway system and is a major destination for services to London with long distance routes as far as Aberdeen and a short hop to Birmingham Airport.

The property is also a short distance away from a number of primary and secondary schools.

Accommodation comprising, gated off road parking, communal entrance leading into entrance hallway, open plan kitchen living room, two double bedrooms and family bathroom.

We have been advised that this property cannot be sold to investors due to a clause in the lease.

Property ownership information

Tenure: Leasehold

Council tax band: A

Annual ground rent: No ground rent

Ground rent review period: No review period

Annual service charge: £1,296.00

Service charge review period: No review period

Lease end date: 01/01/2134

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Arical Liveability Index

80
Schools
Good
Restaurants
Good
Transport
Outstanding
Service
Good
Groceries
Good
Safety
Outstanding

What's Nearby?

Open in Google Maps

Predicted Rental Yield

11.0%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
£
£
%
£
£
£

Compare listings

Compare