£75,000
1 bed flat for saleNexus Point, Edwards Road, Erdington B24
1 bed
1 bath
1 reception
EPC Rating: D
Just added
Chain free
About this property
No Chain
Double Bedroom
2nd Floor
Close Proximity to Train Station
Good Transport Links
Electric Heating
Investors Only - Tenanted Until Dec 2026 Achieving £800pcm (13% Yield)
Investors only - tenanted until Dec 2026 achieving £800PCM (13% yield)! Nexus Point provides an ideal solution for professionals who desire luxury apartment living within a convenient location and with an affordable price tag. Its location, close to rail transportation links makes it very convenient for those looking for a short commute to Birmingham City Centre.
Investors only! Tenanted until Dec 2026 achieving £800pcm (13% yield)!
A modern development by the developer Seven Capital, Nexus Point is an office block conversion of 85 apartments within Erdington's focal point.
Each apartment has been crafted in both layout and specifications. The emphasis is on the luxury design and the clean contemporary lines without compromising attention to detail.
Apartment specifications provide superb, generously proportioned open plan designs including:
* Integrated kitchen appliances to include oven, hob, extractor, dishwasher, washer/dryer and fridge/freezer.
* Wood effect flooring to lounge, kitchen and hallway. Carpet to bedroom. Luxury vinyl to bathroom.
* Full height wall tiling around bath/shower.
* Ladder style polished chrome heated towel rail.
* Brushed stainless steel and chrome ironmongery throughout.
* Hardwood veneered, solid core entrance door with spy hole.
* Hardwood veneered internal doors throughout.
* Audio intercom system.
* Low energy LED down lighters to kitchen area.
Rooms
Open Plan Lounge/Kitchen
Bedroom
Shower Room
Store Room
leasehold information:
Service Charge: £1,625 pa
Ground Rent: £260 pa
Lease length: 150 years from 1 Jan 2019
Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
Investors only! Tenanted until Dec 2026 achieving £800pcm (13% yield)!
A modern development by the developer Seven Capital, Nexus Point is an office block conversion of 85 apartments within Erdington's focal point.
Each apartment has been crafted in both layout and specifications. The emphasis is on the luxury design and the clean contemporary lines without compromising attention to detail.
Apartment specifications provide superb, generously proportioned open plan designs including:
* Integrated kitchen appliances to include oven, hob, extractor, dishwasher, washer/dryer and fridge/freezer.
* Wood effect flooring to lounge, kitchen and hallway. Carpet to bedroom. Luxury vinyl to bathroom.
* Full height wall tiling around bath/shower.
* Ladder style polished chrome heated towel rail.
* Brushed stainless steel and chrome ironmongery throughout.
* Hardwood veneered, solid core entrance door with spy hole.
* Hardwood veneered internal doors throughout.
* Audio intercom system.
* Low energy LED down lighters to kitchen area.
Rooms
Open Plan Lounge/Kitchen
Bedroom
Shower Room
Store Room
leasehold information:
Service Charge: £1,625 pa
Ground Rent: £260 pa
Lease length: 150 years from 1 Jan 2019
Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
Mortgage calculator
Monthly repayment
£375 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
Service charge
£1,625 per year
Council tax band
A
Ground rent
£260



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