2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (150 years remaining)
- Luxury Apartments in Birmingham City Centre
- Prices from £190,000
- B1 Postcode
- Service Charge £1.40 / sqft
- Boutique development of just 30 apartments
- Projected yields at 6%
- Communal Garden area
- Ground Rent 0.1% of property value capped at £250
- Walking distance to all sites in Birmingham City Centre
Introducing Treasure House, a new 5 storey development situated in the heart of Birmingham City Centre in the trendy Jewellery Quarter district. The development will consist of 30 brand new apartments, an eloquent mix of 1,2 and 3 bedroom apartments with outside spaces and some stunning duplex apartments. The project features extensive communal and landscaped gardens designed to provide tenants with ample outside space within the development itself.
Set for completion in Q4 2020, Treasure house will feature state of the art, high specification apartments built with tenants in mind. Just a short walk away from the development residents can reach all the major landmarks in Birmingham City Centre including the business district, The Bull Ring, The Mailbox and Grand Central Station.
From an investment point of view this makes perfect sense for investors looking to capitalise on the growing Birmingham residential property market. Service charges are reasonable at just £1,31 per sq ft and ground rent is 0.1% of the purchase price capped at £250. Finance is available and investors require just 20% deposit on exchange within 28 days and then the balance payable with either cash or a mortgage on completion in Q4 2020.
Investment Highlights
* Boutique development of just 30 apartments
* Mix of 1, 2 and 3 bedroom apartments
* Completion Q4 2020
* Projected yields of 6%
* £5000 reservation fee
* 20% deposit on exchange, Balance on completion
* Walking distance to prime sites in Birmingham City Centre
* Communal landscaped garden area
Places of interest
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