2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- 129 years from 1 March 2004 (109 Years left on the lease)
- Good for investors
- Great Location
- Ground rent is £225 per annum
- Service charge £318.03 per month
- Epc c
- No chain
Investment Opportunity Spacious 2-Bedroom Apartment in a Prime Location
Are you searching for an excellent investment opportunity in Birmingham? Look no further than this spacious 2-bedroom apartment located in the highly sought-after George Street. With its fantastic features and ideal location, this property is a perfect choice for savvy investors.
1. Long Lease This property offers a lease of 129 years from 1 March 2004, meaning there are still 109 years left on the lease. Investing in a property with a long lease ensures long-term security for both tenants and landlords.
2. Great for Investors With its desirable location and appealing features, this apartment is an excellent choice for investors looking to expand their portfolio. The potential for strong rental yields and capital appreciation make it a wise investment decision.
3. Ideal Location Situated in the heart of Birmingham's George Street, this apartment enjoys a prime location. It provides easy access to a wide range of amenities, including shops, restaurants, schools, and public transport links, making it an ideal choice for tenants.
4. Affordable Ground Rent The annual ground rent for this apartment is set at £225 per annum, ensuring manageable costs for landlords and tenants alike.
5. Convenient Service Charge The monthly service charge for this property is £318.03, which covers the maintenance and upkeep of the communal areas. This ensures that the property and its surroundings are well-maintained without any additional hassle.
6. Energy Performance Certificate (EPC) Rating C The property has been assessed with an EPC rating of C, indicating its energy efficiency. It demonstrates a commitment to reducing energy consumption and carbon footprint, making it an attractive prospect for environmentally-conscious tenants.
7. Spacious and Well-Designed This apartment boasts a spacious layout, offering ample room for comfortable living. The carefully designed floor plan maximizes space utilization, providing a practical living environment.
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Property reference MCS_MCS_LFSYCL_321_477333077. 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 MECS Sales & Lettings - Harborne.
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Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022
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 September 25, 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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