Ridgacre Lane, Quinton, B32 1PT

Offers in the Region of £249,950 — Excellent Investment Opportunity, Tenants in Situ.

Situated within a popular and well-established residential area of Quinton, this traditional three-bedroom semi-detached property offers an excellent opportunity to acquire a well-proportioned family home with immediate rental income. Currently let to a young family at £895 per calendar month, the property presents an attractive investment opportunity whilst also offering excellent future potential for owner occupation upon vacant possession. Although the property would benefit from a degree of cosmetic modernisation, it offers spacious accommodation, gas central heating, double glazing and generous front and rear gardens. Occupying a prominent corner position, it is conveniently located close to local amenities, schools, transport links and motorway networks.

Accommodation

Ground Floor: Entrance hall; through lounge/dining room (7.20m into bay x 3.03m into recess) extending the full depth of the property with a walk-in bay window; fitted kitchen (2.85m x 2.08m) with window and door to the rear garden.

First Floor: Bedroom one to front (3.85m into bay x 3.01m); bedroom two to rear (3.33m x 2.91m); bedroom three (2.37m x 1.80m); bathroom (1.96m x 1.65m) with bath, shower over, wash hand basin and WC.

Outside: Enclosed gardens to front and rear, the front screened by mature evergreen hedging with a pathway to the entrance and side access to the rear.

Investment Information

Current rental income £895 pcm (£10,740 per annum). Sold subject to the existing tenancy — ideal for buy-to-let investors seeking immediate rental income with future asset growth potential. Birmingham City Centre approximately 5 miles distant, with Junction 3 of the M5 within approximately five minutes.

Guide Price: Offers in the Region of £249,950. Viewing strictly by appointment.