£110,000
(£209/sq. ft)
1 bed flat for saleSouthside, St John's Walk B5
1 bed
1 bath
1 reception
527 sq. ft
EPC Rating: C
Just added
Leasehold
About this property
Attention investors- 10% Gross Yield!
Spacious 1 Bed, 1 Bath Apartment
Sold With Allocated Parking Space
Open Plan Lounge/Kitchen/Diner
24 Hour Concierge- Well-Managed Developmment
Super Central Location- Walkable to All of City Core
Communal Gardens
Easy Access to Arterial Roads In & Out of Birmingham
Cash buyers only
Contact Essence for Further Information
Southside | Birmingham City Centre | Walking Distance to New Street Station | 1 Bed Apartment with Allocated Parking | Tenanted and Income Generating from Day 1 | cash buyers only | Investment Opportunity | Call Essence for More Details |
Essence are pleased to bring to market this excellent investment opportunity located at the popular Southside development situated in the heart of the Chinese Quarter, just a stone's throw from the city centre's most well-known landmarks, including the likes of Colmore Row business district, Bullring shopping centre and New Street station.
| key features |
* Turnkey investment, circa 10% yield!
* Spacious 1 bed aparment
* Sold with allocated parking
* Popular Location just Minutes from New Street Station
* Scores of restaurants, cafes, bars and shops within walking distance.
The building comprises 271 apartments and offers landscaped courtyard area with 24 hour concierge service.
The property comprises one double bedroom with walk-in dressing area, open plan living/kitchen area which includes integrated appliances and modern bathroom with shower over bath. The apartment benefits from allocated parking in a secure, gated car park accessed by parking fob..
Important note:
- This building has a failed EWS1 certificate (B2) which means remedial works are required.
- It is currently therefore very unlikely that a mortgage can be obtained on apartments in this development.
- The property is currently tenanted at £925/pcm, offering an attractive yield of 10%.
Ownership- 100 %
Tenure- leasehold
Local Authority- Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB
Council Tax Band- Band B
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Essence are pleased to bring to market this excellent investment opportunity located at the popular Southside development situated in the heart of the Chinese Quarter, just a stone's throw from the city centre's most well-known landmarks, including the likes of Colmore Row business district, Bullring shopping centre and New Street station.
| key features |
* Turnkey investment, circa 10% yield!
* Spacious 1 bed aparment
* Sold with allocated parking
* Popular Location just Minutes from New Street Station
* Scores of restaurants, cafes, bars and shops within walking distance.
The building comprises 271 apartments and offers landscaped courtyard area with 24 hour concierge service.
The property comprises one double bedroom with walk-in dressing area, open plan living/kitchen area which includes integrated appliances and modern bathroom with shower over bath. The apartment benefits from allocated parking in a secure, gated car park accessed by parking fob..
Important note:
- This building has a failed EWS1 certificate (B2) which means remedial works are required.
- It is currently therefore very unlikely that a mortgage can be obtained on apartments in this development.
- The property is currently tenanted at £925/pcm, offering an attractive yield of 10%.
Ownership- 100 %
Tenure- leasehold
Local Authority- Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB
Council Tax Band- Band B
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
More information
Tenure
Leasehold (132 years)
Service charge
£1,114 per year
Council tax band
C
Ground rent
£300
Ground rent date of next review
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