3 bedrooms House for Sale in Hornsey Road, Birmingham

Standout Features

Sold by Modern Method of Auction
Three Bedrooms
Perfect for Investors

Property Description

Offering excellent scope for improvement, this well-proportioned three-bedroom terraced property represents a fantastic opportunity for homeowners and investors alike. While requiring updating throughout, the property provides the ideal foundation for a renovation project, with the potential to create a stylish and comfortable home while adding significant value.

The accommodation comprises a spacious living room, a fitted kitchen, and a ground floor bathroom. Upstairs, there are three generously sized bedrooms, providing versatile space to suit a range of lifestyles, whether for a growing family, first-time buyer, or those needing a home office.

To the front, a generous driveway provides off-road parking for multiple vehicles, an increasingly sought-after feature that offers both convenience and practicality.

From an investment perspective, the property is currently occupied by a long-term tenant paying £1,100 per calendar month, generating an impressive 7% gross rental yield, making it an attractive proposition for landlords seeking an income-producing asset from day one.

Combining generous living accommodation, excellent potential for enhancement, and strong investment appeal, this property offers a rare opportunity to acquire a home with both immediate and future value. Early viewing is strongly advised to appreciate the size, potential, and versatility on offer.

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Additional Information