MapOffers in region of
£134,7002 bedroom flat for sale
INVESTMENT - Muntz House, Skipton Road, Ladywood
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Flat
2 beds
1 bath
EPC rating: C
Key information
Features and description
- 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.
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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
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
About this agent
Cottons Chartered Surveyors - Edgbaston
359/361 Hagley Road
Edgbaston, Birmingham
B17 8DL
0121 721 8843Cottons 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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