Investment Opportunity! 2 Bed Apartment FOR SALE O.I.R.O £110,000

MECS are pleased to offer this 1st floor 2 bedroom apartment, situated in a three storey block, standing back from the road on a quiet development in Selly Oak

Key features

  • 126 Year Lease
  • Good size property
  • Currently Tenanted @ £550.00
  • No Upward Chain



Tenure
Leasehold 126 years remaining

The property is situated within walking distance of Bristol Road, which is conveniently located for the main Birmingham University.

Accommodation
Ground Floor: Communal Entrance.
Apartment 9: Hall with Store, Reception Room, Kitchen, Two Bedrooms, Bathroom/WC with Shower.
Outside: Communal Grounds.
The property benefits from electric heating and the windows are UPVC double glazed units.

Viewing Times
Strictly by appointment with MECS 
OPEN MORNING 5th May 2021 10am - 12pm

Property is currently rented on a 12month AST the tenant would like to remain at the property.

Please give us a call on 0121 681 6327 for viewings and enquiries!
Mecs Property




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A move often starts long before a property is officially listed. If selling within the next few months is becoming a realistic possibility, September is a good time to work out what needs to happen first.

The UK mortgage market is moving once again, with a number of major lenders increasing their mortgage rates as wholesale funding costs and swap rates rise. For anyone planning to buy, sell, remortgage or invest in property, this is an important development to keep an eye on.

A fresh coat of paint can help, but missing paperwork can delay a sale for months. Use August to prepare the information buyers and solicitors will need before an offer is agreed.

If moving is starting to feel more realistic, September is a useful time to prepare. Understanding your budget, priorities and local property search now could make things much easier when the right home appears.