1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (197 years remaining)
- Car parking space included
- Low service charge apartment
- Sold with furniture pack
- Sold with tenant in situ
- No upward chain
This fabulous 1 bedroom apartment is a fantastic investment opportunity, situated in a sought-after location. The property boasts a range of desirable features that make it an ideal purchase for both first-time buyers and buy-to-let investors.
Inside, the apartment offers a bright and airy living space, complete with a spacious open-plan kitchen and living area. The contemporary design and high-quality finishes create a sleek and modern feel throughout. The bedroom is generously sized and benefits from ample natural light, providing a comfortable and tranquil space. Additionally, the property includes a car parking space, ensuring convenient and hassle-free parking for residents.
One of the standout features of this property is the low service charge, making it an attractive choice for buyers looking to keep ongoing costs to a minimum. Furthermore, this apartment is sold with the tenant in situ, presenting an excellent opportunity for investors to secure a reliable rental income from day one. With no upward chain, the purchase process will be smooth and efficient.
In summary, this 1 bedroom apartment presents an exceptional opportunity for buyers and investors alike. With its prime location, modern design, car parking space, low service charge, and tenant in situ, it is a highly desirable property. The delightful communal garden further adds to its appeal, ensuring residents can enjoy the benefits of both indoor and outdoor living. Don't miss out on this fantastic property - arrange a viewing today!
Lease Length - 197 Years Remaining
Ground Rent - £250 Per Year
Service Charge - £744 Per Year
Rental Rate - £750 Per Month (£9,000 Per Year)
Gross Yield - 6.43%
EPC Rating: D
Rooms
Parking - Garage
Places of interest
Empire Lettings & Property Management - Birmingham
The Mansion 27 Fredrick Street Birmingham, United Kingdom B1 3HH
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Property reference 606e2247-0a0d-459a-8612-df82e4bc024f. 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 Empire Lettings & Property Management - Birmingham.
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Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
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 January 6, 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
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