Hobs Moat Road, Solihull
Offers invited £150,000

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  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
  • Hobs Moat Road
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  • Duplex Maisonette
  • Investment Opportunity
  • Requiring Modernisation
  • Most Convenient Location
  • Good Size Living Room
  • Breakfast Kitchen
  • Three Bedrooms & Bathroom
  • Outside Patio Area & Garage
  • Solar Photovoltaics
  • Long Lease & No Chain

A spacious three bedroom duplex maisonette, with a garage en-bloc, boasting a wide variety of amenities on the doorstep including convenience stores, takeaways and public transport links.

Benefiting from economical electric heating with solar photovoltaics spanning the roof, the accommodation briefly comprises an entrance hall, a good size living room and a breakfast kitchen. Upon the floor above there is a landing, three bedrooms and a family bathroom. Located over retail premises, there is a patio area directly outside the property and a single garage with a roller shutter door near the bottom of the communal stairwell.

Requiring modernisation, having a very long Lease with over 900 years remaining, being subject to a nominal peppercorn ground rent with no service charge payable and having no upward chain, the maisonette would make an excellent addition to an investor's rental portfolio offering a potential yield in excess of 8% once remedial works have been carried out.

The property is situated approximately two and a half miles from Solihull Town Centre whilst the nearby A45 Coventry Road provides direct access to Birmingham International Airport, Resorts World, Birmingham City Centre and the Midlands motorway network. Several well-regarded schools are also within close proximity.

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Hobs Moat Road
Solihull B92 8JJ
Sale Type: For Sale
Ref #: 34653012

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