Property for sale in Waterloo Road, Smethwick B66, £349,999

349,999.00

Offer Nr.:
60264336
Type of ad:
for Sale
Property type:
Property
Contact name:
The Online Property Agency
Phone(s):
0121 659 2987

* Freehold
* Freehold Shop + 3 Flats
* Mixed Commercial & Residential Investment Property
* Sold With Tenant In Situ
* Terrace Property
* Highly Desirable And Sought After Location
* Prominent Corner Position
* Ready Made Investment : £2310 pcm/ £27, 720 P. A
Description;
The opa are pleased to present this ready made investment property. Located on
a prime corner position. The property comprises a Freehold Shop + 3 Flats.
Currently configured to provide a ground floor studio flat and shop premises
used as a Mini Mart and 2 Flats above.
Tenure:
This property is Freehold and is being sold with tenants in situ subject to to
the following tenancies.
Rental Income:
Shop - £700 pcm
flat 1 ( Studio Flat - Ground Floor) - £435 pcm
flat 2 ( 2 Bed Flat - First Floor) - £675 pcm - Let on a 5 year lease starting
from December 2021
flat 3 ( Studio Flat - First Floor) - £500 pcm
Total: £2310 pcm/ £27, 720 P. A
location:
The property is just a short distance away from Bearwood, Smethwick and
Capehill and all local shops and ameneties.
**Viewings
**
Strictly by appointment through The opa.
**Buyers fee
**
Buyer's Fee of 2% of The Purchase Price (Minimum £1800). T&Cs apply.
The opa’s “Secure It Now Exclusivity Package”
This property is being offered under The opa’s “Secure It Now Exclusivity
Package” This is an innovative secure and straightforward way to purchase this
property. Here are the benefits for you:
• Secure your dream property straight away
• Properties are realistically priced
• Similar to a “normal” or “conventional” sale with a few measures to protect
the buyer and the seller
• Focuses on speed
• Mortgage buyer friendly
• Suitable for first time buyer
• Mortgage buyers and cash buyers compete on equal terms
• No competitive bidding
• No risk of being gazumped
Minimises risk of fall throughs
Secure It Now Exclusivity Package - How does it work?
Our sellers are motivated and willing to price their properties competitively
in order to ensure a fast and secure sale. You can now secure the purchase
with a buyer’s “Secure It Now Exclusivity fee “ of 2% which includes :
• A legally binding contract granting the buyer exclusive rights to purchase
the property within a given timeframe (usually 56 days / 8 weeks )
• Paying the Exclusivity Fee ensures that the seller takes their property off
the market as soon as the sale is agreed and reserves it exclusively for you.
• This prevents the risk of gazumping and the
• helps you avoid losing money and wasting time which most buyers like you may
face with the traditional estate agent's approach.
• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe
in the knowledge that you will not be gazumped or outbid by another buyer.
Step 1 - Register your interest
Step 2 - Sort out your finances
Step 3 - Arrange a viewing / Virtual Tour
Step 4 - Make an offer
Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity
package
Step 6 - Exchange and completion Next Steps – Do Not Miss Out - Please note
this is a realistically priced property and is likely going to create a fair
amount of buying interest.
If you're interested in buying this property, we'd urge you to contact us
immediately to avoid losing out.
1\. Money laundering regulations - Intending purchasers will be asked to
produce identification documentation at a later stage and we would ask for
your co - operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must
be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing
to any expense.
5: All descriptions, dimensions, references to condition and necessary
permission for use and occupation, and other details are given without
responsibility and any intending purchasers or tenants should not rely on them
as statements or representations of fact but must satisfy themselves by
inspection or otherwise as to the correctness of each of them;
6: No persons in the employment of The opa has any authority to make or give
any representation or warranty whatever in relation to this property. No
services, fixtures, fittings or appliances, including central heating, have
been tested by the Agent at the time of printing. All references to parts of
the fabric, material, decoration, external or internal features or grounds of
the property are made without any warranty as to their conditions or
effectiveness. Where definite checks have been made, such results will be made
clear at the appropriate place in the particulars of sale. Every effort has
been made by the Agents to obtain accurate information from the correct
sources. However, intending purchasers and other readers are asked to make
their own arrangements regarding verification of any statements expressed in
these particulars of sale.
Misrepresentation Act 1967: The Online Property Agency for themselves and for
the vendors or lessors of this property whose agents they are, give notice
that: (1) These particulars do not amount to, nor amount to any part of, an
offer or contract. (2) None of the statements contained in these particulars
should be relied on as statements or representations of fact, therefore all
prospective purchasers or tenants must satisfy themselves as to their
accuracy.

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