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3 bed terraced house for sale

£215,000 Guide price

Francis Road, Birmingham B27

3 bed terraced house for sale 3 1 2
Interested in this property? Call +44 121 721 1402 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Private garden
  • On street/residents parking
  • Central heating
  • Double glazing
  • Wood floors

Property description

Introducing a remarkable investment opportunity in Acocks Green, B27! Nestled on Francis Road, this charming 3-bedroom property (with 2 bedrooms on the first floor and 1 bedroom on the ground floor) is currently operating as a 4-bedroom HMO for Supported Living. Boasting a freehold tenure, this hands-off investment property is an ideal choice for astute investors seeking a hassle-free venture.

Upon entering, you'll be greeted by a small private garden, perfect for enjoying some fresh air. Parking is a breeze with on-street parking available nearby. The property is equipped with central heating, ensuring a cozy and comfortable atmosphere all year round. This property has double glazing windows.

This property presents an excellent investment opportunity, currently tenanted with a great rental income. Say goodbye to rental voids and general maintenance concerns, as your rent will be paid promptly via standing order each month. Orange Keys Estate Agents proudly presents this substantial ready-made investment property, allowing you to reap the benefits without any additional effort.

Situated in the heart of Acocks Green, this property enjoys a prime location with an array of amenities within easy reach. Acocks Green Station, Tyseley Station, and Spring Road Station are conveniently close, providing excellent transport links for your daily commute or leisurely travels. If you chooses to move into this property, you will appreciate the proximity to esteemed educational institutions such as Cottesbrooke Infant and Nursery School, Kimichi School, and Cedars Academy.

With a council tax band of B, this property offers an attractive proposition for potential buyers. Additionally, the property will be sold with the added benefit of an ongoing company let to a social housing provider, providing a sense of security and stability.

Pictures and further details/description will be available soon, so don't miss out on this incredible opportunity! Take the first step towards securing your future by registering your interest today. Ensure a smooth journey by sorting out your finances, carrying out due diligence, and seeking legal and financial advice if required. Once you're ready, arrange a viewing to witness the true potential of this investment gem. Make your offer, secure your purchase, and embark on an exciting new chapter as a property investor.

Don't let this opportunity slip away! Contact us now to explore the possibilities and unlock the potential of this remarkable investment property.

Step 1 - Register your interest

Step 2 - Sort out your finances / Carry out your due diligence/ Ask questions/ Get legal/ financial advice if required.

Step 3 - Arrange a viewing

Step 4 - Make an offer

Step 5 - Secure your purchase

Step 6 - Exchange and completion

Property info

Property value data/graphs for B27

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £433,212 £198 3.6 £313,375
Semi-detached £305,452 £181 3.1 £231,669
Terraced £249,349 £160 2.9 £204,649
Flats £150,584 £173 1.8 £121,500

Current asking prices in B27

Average: £280,642
Avg. current asking prices in B27
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £105,000
(1)
£201,667
(9)
£259,333
(27)
£345,364
(11)
£478,000
(5)
Flats £79,500
(2)
£141,233
(6)
- - £400,000
(1)
All £88,000
(3)
£177,493
(15)
£259,333
(27)
£345,364
(11)
£465,000
(6)

Current asking rents in B27

Average: £895 pcm
Avg. current asking prices in B27
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £549 pcm
(3)
£1,088 pcm
(2)
£1,219 pcm
(5)
- -
Flats £673 pcm
(8)
£858 pcm
(3)
£897 pcm
(1)
- -
All £639 pcm
(11)
£950 pcm
(5)
£1,166 pcm
(6)
- -

Fun facts for B27

Highest value in B27
Highest value streets Zed-Index
Rover Drive £438,012
Sherbourne Road £383,175
Beeches Avenue £349,490
Westfield Road £318,666
Oxford Drive £301,064
Highest turnover in B27
Highest turnover streets Turnover
Yardley Road 58.3%
Vine Lane 31.0%
Chisholm Grove 28.6%
Fenton Road 26.1%
Beeches Avenue 25.6%
Arrange Viewing

For more information about this property, please contact
Orange Keys Estate Agents, B17 on +44 121 721 1402 * (local rate)

Monthly running costs Beta

£1,058 Monthly total

Mortgage

Purchase price
Deposit (10%) 21,500
Repayment term 25
Interest rate 2.0
Your payment £820 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £12/mo (£147/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £30 Electricity £50 Estimated energy cost £80/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 12500 kWh/year
Electricity: 3600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band B Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £15 Estimated water cost £34 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Orange Keys Estate Agents, and do not constitute property particulars. Please contact Orange Keys Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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