No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in region of£134,700
Added > 14 days

2 bedroom flat for sale

INVESTMENT - Muntz House, Skipton Road, Ladywood
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Flat
2 bed
1 bath
EPC rating: C*

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Spacious 7th Floor Flat in Central Birmingham Location
  • EPC Rating: C
  • Investment with Tenant in Situation Paying £950pcm (£11,400 per annum)
  • Two Bedrooms
  • Living Room
  • Sun Room
  • Breakfast Kitchen
  • Double Glazing and Electric Heating
  • Lease 125 years from 29th June 1992.
  • Ground Rent £10 per annum.
INVESTMENT WITH TENANT IN SITUATION PAYING £950PCM. A HIGHLY SPACIOUS 7th floor apartment with ATTRACTIVE CITY VIEWS. Benefiting from electric heating and double glazing, this buy to let opportunity comprises; secure communal areas, hallway, good size living dining room, sun room with city views, breakfast kitchen, two double bedrooms and bathroom with shower. Also benefiting from option of City Centre Resident Parking Scheme. Tenure: Leasehold with circa. 94 years unexpired. Council Tax Band: A, EPC Rating: C

Location
The property is located in a residential estate off Skipton Road, in turn off Francis Road. The estate is on the perimeter of Birmingham City Centre, conveniently located;-circa. 0.4 miles from Broad Street Entertainment district.-circa. 1 mile from Edgbaston Reservoir.-circa. 1.5 miles from Birmingham New Street Station.

Description
A 7th floor flat located in a purpose built development. The block and surrounding blocks within the estate were part of various improvements as part of the 'Birmingham City Council Housing Improvements Programme 2015/16'. The flat has spacious accommodation, benefiting from uPVC double glazing and electric heaters.

Accommodation
Please refer to floor plan for room measurements.

Flat
Hallway, spacious living room, sun room, breakfast kitchen, two double bedrooms, bathroom with shower and W.C.

Communal Areas
With secure communal entrance, stairs, lift and corridors.

Parking
The development provides the opportunity for residents to apply for and purchase a resident parking permit, which would allow parking on the street within the estate.

Tenancy Information
The property was let in July 2023 on a 12 month assured shorthold tenancy agreement (AST) paying £950pcm (£11,400 per annum). The property is being offered strictly as a buy to let investment with the existing tenants in situation.

Lease Term
125 years from 29th June 1992.

Ground Rent
£10 per annum.

Service Charges
The development is managed by Birmingham City Council. Our client has advised that the service charges for 2023 were £1,748, reflective of some extra repairs to the block, and have historically been in the range of £950 to £1,150 per annum. This information has not been verified and prospective purchasers are advised to make enquiries via solicitors regarding service charge information.

Council Tax Band: A
Tenure: Leasehold

Property information from this agent

Places of interest

    Cottons are a Birmingham based independent firm of Chartered Surveyors operating from our excellent refurbished centrally located offices, we can cater for any property matter. The firm was originally formed in 1924 by the legendary Birmingham Property Developer Jack Cotton. The partners and staff at Cottons pride themselves in offering a wealth of experience and expertise in all property matters throughout the Midlands and further afield. We specialise in; Property Auctions Residential / Commercial Sales and Lettings Property and Estate Management Valuation and Professional Work We are proud to comply with the regulations and standards laid down by the following professional bodies of which we are members Royal Institution of Chartered Surveyors (RICS) Association of Residential Managing Agents (ARMA) Association of Residential Letting Agents (ARLA) National Association of Estate Agents (NAEA)

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    *DISCLAIMER

    Property reference 12287688. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cottons Chartered Surveyors - Edgbaston.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on March 31, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on March 31, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on October 13, 2020 from 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.