STANMORE ROAD, WEST MIDLANDS, B16 9ST

End Of Terrace Houses

Asking Price

£450,000

For Sale (On Market) | 1 bed | EPC C

At a glance

  • • Freehold investment opportunity
  • • Victorian property converted into three self-contained apartments
  • • Two one-bedroom apartments
  • • One two-bedroom apartment
  • • Fully tenanted to working professionals
  • • Approximate gross annual yield of 6%
  • • Immediate rental income from completion
  • • Popular location with strong rental demand

Key facts

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Description

Oakmans Estate Agents are delighted to present Stanmore Road, an attractive Victorian property that has been thoughtfully converted into three self-contained apartments, comprising two one-bedroom apartments and one two-bedroom apartment. The property is fully let to working professionals, providing an immediate income-producing investment with a current gross annual yield of approximately 6%. All three apartments are well maintained and benefit from strong and consistent tenant demand, making this an excellent opportunity for both experienced investors and those looking to expand their property portfolio. Ideally positioned in a sought-after residential location, Stanmore Road enjoys excellent transport links, convenient access to local amenities, and continued rental appeal, offering strong long-term investment potential. Accommodation Ground Floor Apartment Entrance hall Spacious lounge/dining room Fitted kitchen Double bedroom Family bathroom First Floor Apartment Entrance hall Lounge/dining room Fitted kitchen with external stairs leading to the shared rear garden Two double bedrooms Family bathroom Second Floor Apartment Entrance area Open-plan lounge, dining and kitchen Double bedroom Family bathroom All apartments are accessed via well-maintained communal entrance areas and benefit from access to a generously sized, shared rear garden. The property has been successfully configured to provide three independent dwellings while retaining the character and charm of its Victorian origins, making it an exceptional turnkey investment opportunity.

Energy performance

C Current rating C · 69
C Potential rating C · 77
A
92+
B
81-91
C
69-80
Current 69 Potential 77
D
55-68
E
39-54
F
21-38
G
1-20

Total floor area: 62 m²

Location

Map of STANMORE ROAD, WEST MIDLANDS, B16 9ST

Approximate location. Map data © Google.

Get in touch

Contact the team, or make an offer to start the process.

0121 246 4010 Make an offer
Marketed by Oakmans Estate Agents

The information displayed about this property comprises a property advertisement, provided and maintained by Oakmans Estate Agents, and does not constitute property particulars or any part of an offer or contract. Neither Oakmans Estate Agents nor the operator of this website makes any warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and the operator of this website has no control over its content. All descriptions, measurements, distances and other details are given in good faith and believed to be correct, but prospective purchasers or tenants must not rely on them as statements of fact and should satisfy themselves by inspection or otherwise. Oakmans Estate Agents has not tested any services, equipment or appliances and gives no warranty as to their condition. Photographs may have been taken at an earlier date and may not reflect the current condition of the property. Please contact Oakmans Estate Agents directly with any questions about this listing.

Price

£450,000

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