Are you an Estate Agent? Register here
128 Alcester Road, Birmingham, B13 8EE
£450,000
Bedrooms
Bathrooms
Reception
Profectus Estates are delighted to present this substantial five-bedroom Victorian end-terrace residence situated on the highly desirable Alcester Road South, Birmingham.
Occupying an impressive position and offering accommodation across three spacious floors, this attractive period property combines character, flexibility and excellent investment potential. Currently configured to suit HMO-style occupation, the property would equally make a superb family home, supported living opportunity, or long-term investment asset.
Boasting generous room proportions, high ceilings and an abundance of natural light throughout, this versatile property offers extensive living accommodation in a sought-after residential location.
AccommodationThe property is entered via a welcoming entrance hallway leading to two substantial reception rooms. The front reception benefits from a beautiful bay window, whilst the rear reception enjoys French doors opening directly onto the garden, creating an ideal space for family living and entertaining.
To the rear of the property is a spacious fitted kitchen offering a range of wall and base units, integrated cooking appliances, ample worktop space and useful understairs storage. A separate utility area provides additional practicality, alongside a modern ground-floor shower room.
The first floor comprises three generously sized double bedrooms and a family bathroom fitted with a bath and shower over, wash basin and WC.
The second floor offers two further spacious bedrooms, creating flexible accommodation suitable for larger families, professional sharers or multi-generational living.
OutsideExternally, the property continues to impress.
To the front, a double driveway provides valuable off-road parking.
To the rear, a substantial enclosed garden offers an excellent outdoor space with patio areas, extensive lawn and side access. The generous plot provides potential for further landscaping or extension opportunities, subject to the necessary planning permissions.
Investment PotentialThis property presents an outstanding investment opportunity, offering significant flexibility for a variety of residential uses.
The accommodation is currently arranged in a layout well suited to shared occupancy and benefits from a number of safety features often associated with HMO accommodation, including fire doors, an interlinked fire alarm system and emergency lighting.
Subject to obtaining any required consents, licensing and regulatory approvals, purchasers may wish to explore the potential for enhanced occupancy arrangements. Interested parties should make their own enquiries with the relevant local authority.
With strong rental demand across South Birmingham, excellent transport links and substantial accommodation, this property offers attractive long-term income and capital growth prospects.
Key FeaturesIdeally positioned on Alcester Road South, the property offers convenient access to Birmingham City Centre, Kings Heath, Moseley Village and the wider Midlands motorway network. A wide range of local amenities, supermarkets, restaurants, cafs, schools and public transport links are all within easy reach.
ViewingsEarly viewing is highly recommended to fully appreciate the size, versatility and potential of this impressive Victorian residence.
For further information or to arrange a viewing, please contact Profectus Estates without delay
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
The Property has been saved to your favorites
/ 5
It's quick and easy