2 bedroom flat for sale
Key information
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.
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
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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:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 31, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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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.
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