INVESTMENT - Muntz House, Skipton Road, Ladywood
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Spacious 7th Floor Flat in Central Birmingham Location
- EPC Rating: C
- Investment with Tenant in Situation Paying £950pcm (£11,400 per annum)
- Two Bedrooms
- Living Room
- Sun Room
- Breakfast Kitchen
- Double Glazing and Electric Heating
- Lease 125 years from 29th June 1992.
- Ground Rent £10 per annum.
Description
Location
The property is located in a residential estate off Skipton Road, in turn off Francis Road. The estate is on the perimeter of Birmingham City Centre, conveniently located;
-circa. 0.4 miles from Broad Street Entertainment district.
-circa. 1 mile from Edgbaston Reservoir.
-circa. 1.5 miles from Birmingham New Street Station.
Description
A 7th floor flat located in a purpose built development. The block and surrounding blocks within the estate were part of various improvements as part of the 'Birmingham City Council Housing Improvements Programme 2015/16'. The flat has spacious accommodation, benefiting from uPVC double glazing and electric heaters.
Accommodation
Please refer to floor plan for room measurements.
Flat
Hallway, spacious living room, sun room, breakfast kitchen, two double bedrooms, bathroom with shower and W.C.
Communal Areas
With secure communal entrance, stairs, lift and corridors.
Parking
The development provides the opportunity for residents to apply for and purchase a resident parking permit, which would allow parking on the street within the estate.
Tenancy Information
The property was let in July 2023 on a 12 month assured shorthold tenancy agreement (AST) paying £950pcm (£11,400 per annum). The property is being offered strictly as a buy to let investment with the existing tenants in situation.
Lease Term
125 years from 29th June 1992.
Ground Rent
£10 per annum.
Service Charges
The development is managed by Birmingham City Council. Our client has advised that the service charges for 2023 were £1,748, reflective of some extra repairs to the block, and have historically been in the range of £950 to £1,150 per annum. This information has not been verified and prospective purchasers are advised to make enquiries via solicitors regarding service charge information.
Brochures
Property BrochureFull DetailsTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
INVESTMENT - Muntz House, Skipton Road, Ladywood
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Five Ways Station0.6 miles
- Birmingham New Street Station1.2 miles
- Jewellery Quarter Tram Stop1.2 miles
About the agent
Cottons, Edgbaston
Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL
Cottons Chartered Surveyors – ‘The Property Specialists’
One of Birmingham’s longest standing property companies in existence for well in excess of 55 years and well established at providing a range of services including;
•Auctions – Cottons are one of the West Midlands largest property auctioneers with regular sale rooms taking place at Aston Villa Football Club.
•Residential Sales – Selling properties both within our local areas and across Birmingham. By being the only auc
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 12287688. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cottons, Edgbaston. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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