Spinney Close, B78
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Buy-To-Let Investment Opportunity
- Being Sold With The Current Tenants In Situ
- EPC Rating C
- Long Lease Remaining
- Gross Yield of 7.1%
- Low Maintenance Costs & Management Fees
Description
An exceptional opportunity to acquire a well-maintained, first-floor 1-bedroom flat in a quiet, residential cul-de-sac location in Birchmoor, Polesworth. Offered with a share of freehold and stable tenancy in place, this is an ideal addition to any investment portfolio, offering immediate income and long-term value.
Key Investment Highlights
* 1 Double Bedroom / 1 Bathroom
* Excellent condition with modern kitchen & bathroom
* Ongoing tenancy since May 2022 - fully tenanted, no arrears
* Current Rent: £735 PCM from August 2025
* Low annual service charge: £700
* Share of Freehold with approximately 974 years remaining on lease
* Ground rent: Nil
* Gross Yield: 7.1%
* Net Yield: 6.5%
* Fully managed - no managing agent fees
* Off-road parking & visitor bays
* Communal front and rear gardens
* No known structural or maintenance issues
* EPC: C
Tenancy Information
* Tenancy Start Date: 22 May 2022
* Contract Type: Ongoing rolling tenancy
* Monthly Rental Income: £735 (from August 2025)
* Payment Status: No arrears
* *Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants' right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*
External Features
* Private Residents' Parking + Visitor Spaces
* Well-maintained Communal Front & Rear Gardens
* Peaceful residential environment with easy access to local amenities and transport links
Why Invest Here?
This flat offers low overheads, reliable tenants, and strong rental yield potential. Perfect for both seasoned landlords and first-time investors looking for a turnkey, hassle-free property.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Spinney Close, B78
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Visit our security centre to find out moreDisclaimer - Property reference Spinney-Close-Birchmoor. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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