£90,000
(£220/sq. ft)
1 bed flat for saleMetropolitan House, 1 Hagley Road, Birmingham B16
1 bed
1 bath
1 reception
409 sq. ft
EPC Rating: C
Leasehold
About this property
Concierge
Fully fitted kitchen with appliances
Electric heating
City centre location
Lift access
Avery Residential are delighted to present this luxury eighth-floor apartment, perfectly located within walking distance of Birmingham City Centre. Offering impressive skyline views, this property is ideal for first-time buyers, professional occupants, or investors seeking a strong-performing rental asset.
The apartment features:
• Spacious open-plan kitchen/living area with integrated appliances including dishwasher and full white-goods package
• Generous double bedroom
• Modern bathroom with bath and overhead shower
• On-site concierge
• Secure development with all city-centre amenities on the doorstep
Investment Highlights:
• Rental potential: £800 pcm
• Service charge: £1,265 per annum
• Ground rent: £250 per annum
• Gross yield: 10.6%
• Net yield: 7.9% (after 10% management fee, service charge & ground rent)
• Lease remaining: 105 years
• EPC Rating: C
Please note: Photos shown are of a similar apartment within the development.
The apartment features:
• Spacious open-plan kitchen/living area with integrated appliances including dishwasher and full white-goods package
• Generous double bedroom
• Modern bathroom with bath and overhead shower
• On-site concierge
• Secure development with all city-centre amenities on the doorstep
Investment Highlights:
• Rental potential: £800 pcm
• Service charge: £1,265 per annum
• Ground rent: £250 per annum
• Gross yield: 10.6%
• Net yield: 7.9% (after 10% management fee, service charge & ground rent)
• Lease remaining: 105 years
• EPC Rating: C
Please note: Photos shown are of a similar apartment within the development.
Mortgage calculator
Monthly repayment
£450 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (105 years)
Service charge
£1,265 per year
Council tax band
C
Ground rent
£250
Ground rent date of next review



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