£329,500
(£419/sq. ft)
2 bed flat for saleTenby Street North, Birmingham B1
2 beds
2 baths
1 reception
787 sq. ft
About this property
Communal garden
Luxury Apartments in Birmingham City Centre
Projected yields at 6%
Service Charge £1.40 / sqft
Ground Rent 0.1% of property value capped at £250
Walking distance to all sites in Birmingham City Centre
Set for completion in Q4 2020, Treasure house will feature state of the art, high specification apartments built with tenants in mind. Just a short walk away from the development residents can reach all the major landmarks in Birmingham City Centre including the business district, The Bull Ring, The Mailbox and Grand Central Station.
From an investment point of view this makes perfect sense for investors looking to capitalise on the growing Birmingham residential property market. Service charges are reasonable at just £1,31 per sq ft and ground rent is 0.1% of the purchase price capped at £250. Finance is available and investors require just 20% deposit on exchange within 28 days and then the balance payable with either cash or a mortgage on completion in Q4 2020.
Investment Highlights
* Boutique development of just 30 apartments
* Mix of 1,2 and 3 bedroom apartments
* Completion Q4 2020
* Projected yields of 6%
* £5000 reservation fee
* 20% deposit on exchange, Balance on completion
* Walking distance to prime sites in Birmingham City Centre
* Communal landscaped garden area
Mortgage calculator
£1,648 per month
70+ lenders and 10,000+ products
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 (150 years)
Service charge
£1 per year
Council tax band
Ground rent
£0
Ground rent date of next review


