York Road, Bromsgrove, Worcestershire, B61

** NEW INSTRUCTION **

** ATTENTION INVESTORS & LANDLORDS – AN INVESTMENT OPPORTUNITY THAT MAKES THE NUMBERS WORK **

** 10% ANNUAL GROSS RENTAL YIELD | TWO BEDROOMS | GROUND FLOOR | ALLOCATED PARKING | NO ONWARD CHAIN | CLOSE TO BROMSGROVE TOWN CENTRE **

For property investors, the numbers matter — and with a potential annual gross rental yield of approximately 10%, this keenly priced two-bedroom ground-floor maisonette represents an opportunity that deserves serious consideration.

Whether you are an established landlord looking to add another income-producing property to your portfolio or an investor searching for an affordable entry into the Bromsgrove rental market, this property combines an attractive purchase price with practical accommodation and a convenient location.

AN INVESTMENT DESIGNED TO GENERATE INCOME....

The headline attraction is undoubtedly the potential return.

Based on the anticipated rental income and marketing price, this property has the potential to produce an impressive gross annual rental yield of circa 10%, offering investors the opportunity to acquire an asset capable of generating a strong level of rental income relative to the initial purchase price.

Importantly, the property is also being offered with NO ONWARD CHAIN, helping to provide the potential for a more straightforward transaction — particularly attractive to investors keen to secure their next property and begin generating rental income as quickly as possible.

PRACTICAL, WELL- PROPORTIONED ACCOMMODATION

Situated on the ground floor, the maisonette offers a straightforward and highly lettable layout.

Internally, the accommodation comprises a spacious lounge, providing plenty of room for both living and dining furniture, together with a separate kitchen.

There are two bedrooms, offering greater flexibility than a typical one-bedroom investment property and potentially broadening the property's appeal within the rental market.

A bathroom completes the internal accommodation.

Outside, the property benefits from the additional advantage of allocated parking — an increasingly important consideration for tenants and a useful feature when competing with other rental properties locally.

LOCATION, LOCATION, LETABILITY

For any investment purchase, the property itself is only part of the equation. Location and tenant appeal are equally important.

The maisonette is conveniently positioned close to Bromsgrove Town Centre, placing a wide range of shops, amenities and everyday facilities within easy reach.

For a landlord, that accessibility is particularly relevant. Properties offering convenient access to a town centre, employment, transport connections and local amenities can appeal to a broad spectrum of prospective tenants, helping an investor maximise the property's rental potential.

KEENLY PRICED TO ENCOUARGE AN EARLY SALE

This isn't a property being brought to market simply to test the water.

The property has been keenly priced from the outset with the intention of attracting early interest and securing a sale, and when combined with its potential rental return, two-bedroom accommodation, ground-floor position, allocated parking and no onward chain, we anticipate it will attract considerable attention from investment buyers.

For landlords, the proposition is refreshingly straightforward: an accessible purchase price, strong potential yield and a property capable of appealing to the local rental market.

With opportunities offering a potential circa 10% gross annual yield rarely going unnoticed, investors are encouraged to make early enquiries.

ATTENTION INVESTORS & LANDLORDS – if you're looking for your next buy-to-let opportunity in Bromsgrove, this one should be firmly on your viewing list.

AGENTS NOTE: "Rental yield figures are indicative and based on anticipated rental income against the proposed purchase price. They are gross figures before mortgage costs, service charges, ground rent, maintenance, taxation, void periods and other associated costs. Buyers should satisfy themselves as to achievable rental income and all investment costs before proceeding"

Tenure: LEASEHOLD (66 Years Remaining)

Details relating to the Ground Rent and Service Charge are available within the property’s Legal Pack, which can be provided to interested parties upon request.

Prospective purchasers are advised to review the Legal Pack and satisfy themselves as to the leasehold terms and associated charges prior to proceeding.

Council Tax: A (Bromsgrove District Council)

EPC Rating: C

Dimensions: Refer to floorplan

**** AUCTION TERMS ****
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (i am sold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QBV260393/2