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£85,000

Cygnet Court, Smethwick, B66

  • 1 bed
Flat

£85,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£388 per month

Minimum deposit amount:

£4,250
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Welcome to Cygnet Court, Holly Lane, Smethwick!

Located in the popular area of Smethwick, this second-floor apartment was purpose-built in 2009 and offers practical, low-maintenance living. Accessed via communal entrances, stairs rise to the second floor where the apartment includes a hallway, an open-plan lounge, kitchen, and dining area with integrated appliances, a double bedroom, and a bathroom with a white suite and shower over the bath.

The property is serviced with gas central heating and double glazing. There is residents-only parking to the rear, accessed via automated gates. The apartment also benefits from a long lease with approximately 110 years remaining.

Currently tenanted and achieving £750 per calendar month, it presents a good investment opportunity. It would also suit first-time buyers or couples. The location offers good access to local shops, schools, parks, and public transport links, as well as Birmingham City Centre and the motorway network.

Council Tax Band: A (Sandwell Council)
Tenure: Leasehold (109 years)
Service Charge: £211.9 per month
Parking options: Residents
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Accessibility measures: Not suitable for wheelchair users


Communal Entrance
Accessed via a secure entrance door with a buzzer entry system, the communal hall on the ground floor features individual key-lock postal boxes for each apartment and a staircase leading to the second floor. A door from the landing opens into an inner hallway serving two apartments, including number 47, with sensor-activated lighting for added convenience.

Hall w: 1.5m x l: 3.05m (w: 4' 11" x l: 10' )
From the communal hall, the front door opens into the apartments hallway having ceiling light point, central heating radiator, electric outlet points, doors to a storage cupboard and all rooms.

Open Plan Lounge/Kitchen/Dining Room w: 3.51m x l: 6.2m (w: 11' 6" x l: 20' 4")
Having double glazed window, two ceiling light points, ceiling spot lights, two central heating radiators and electrical outlet points.

The kitchen area being fitted with a range of wall and base mounted units with roll edge work surfaces, inset stainless steel single drainer sink unit with mixer tap, splashback tiling, plumbing for a washing machine, integrated oven, hob and extractor hood and wall mounted central heating boiler being concealed within a wall cabinet.

Bedroom w: 3.05m x l: 3.43m (w: 10' x l: 11' 3")
Having double glazed window, central heating radiator, ceiling light point, electrical outlet points and recess.

Bathroom w: 1.8m x l: 2.08m (w: 5' 11" x l: 6' 10")
Being fitted with a white suite and comprising of panelled bath with hot and cold water taps, shower over and shower screen, low level flush w.c., wash hand basin, splashback tiling, ceiling spot lights, and extractor fan.

Outside
From Holly Lane drive through automated gates providing access to the resident only parking area with decorative shrub borders.

Tenure
We understand the property tenure is leasehold as per the title obtained by the agent with the lease term being 125 years from 2009. Approximately 110 years remain on the lease from point of the agent marketing.

Service Charges/Management Charge: £211.90 paid monthly
Ground Rents: £0.00
The service charges are from April 2024 and we wait for the seller to provide details for his most updated statement.
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