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Essex Street, Birmingham

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

636 sq ft

59 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Modern I-Land 1 Bed 1 Bath City Apartment
  • Tenanted
  • Monthly Income £790 pcm £9,000 pa
  • Secure gated parking
  • City Centre location
  • Concierge
  • Walking Distance to New Street Station & Bullring
  • Perfect for investors
  • 2% Buyers fee + VAT.

Description

**** NEW INSTRUCTION**** 1 BED 1 BATH APARTMENT IN THE MODERN I-LAND APARTMENTS IN THE HEART OF BIRMINGHAM CITY CENTRE.

This 1-bedroom, 1-bathroom large corner apartment located in the heart of Birmingham's city centre on Essex Street. Delightful property is situated in the modern I-Land apartments, offering a spacious living area, a perfect investment property.

Looking for an investment opportunity, this flat ticks all the boxes. Currently, the property is generating a monthly income of £750 with a potential to increase rent to £900 (making £10,800 per annum), making it a lucrative investment with a yearly return of £9,000. The flat is already tenanted, ensuring a steady income from day one for the savvy investor.

Book a viewing today and step into the world of urban living at its finest.

Property Description - **** NEW INSTRUCTION**** 1 BED 1 BATH APARTMENT IN THE MODERN I-LAND APARTMENTS IN THE HEART OF BIRMINGHAM CITY CENTRE**** SECURE GATED PARKING.

This charming 1-bedroom, 1-bathroom large corner apartment located in the heart of Birmingham's city centre on Essex Street. Delightful property is situated in the modern I-Land apartments, offering a spacious living area, a perfect investment property.

Built in 2009, this flat boasts a contemporary feel with a touch of elegance. The property features a generous 570 sq ft of living space, including a reception room ideal for entertaining guests or relaxing after a long day. With parking available for one vehicle, convenience is at your doorstep in this bustling city location.

Looking for an investment opportunity, this flat ticks all the boxes. Currently, the property is generating a monthly income of £790, making it a lucrative investment with a yearly return of £9,000. The flat is already tenanted, ensuring a steady income from day one for the savvy investor.

Don't miss out on the chance to own this gem in the vibrant city of Birmingham. With its prime location, modern amenities, and income-generating potential, this flat is a fantastic opportunity not to be missed. Book a viewing today and step into the world of urban living at its finest.

EPC C
Monthly income £750
Tenure: Tenanted
Lease years remaining 120 Years
Allocated Parking
1 Bed 1 Bath
Ground Rent £300 pa
Service Charge £2,800 pa
Management Company Centrick

Buyers Fee And Reservation - Genie Homes pride ourselves on our simple and secure buying process.

This sale is subject to a 2% plus VAT Buyers Fee and this is based on the agreed sale price.

Please contact us to arrange a viewing. We will ask you to provide proof of funds and photographic identification prior to attending, to make sure we cause minimal disruption to any tenants that may reside at the property.

Once you have viewed the property, we will ask you for feedback.

If you make an offer and it is accepted, the full 2% plus VAT is then applicable in order to take the property off the market within 2 working days of your offer.

Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage-
ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

The benefits of a buyers fee to the buyer are:

- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.

- This approach allows you to secure the property and start the conveyancing process
quickly.

- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.

- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.

All of these elements provide peace of mind from the outset, along with our personal and proactive approach.

We look forward to hearing from you soon.

Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.

Tenure - Leasehold

Possession - Tenanted

Viewings - Strictly by appointment through Genie Homes

Brochures

Essex Street, BirminghamBrochure
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Covered,Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Lift access

Essex Street, Birmingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birmingham New Street Station0.3 miles
  • Birmingham Moor Street Station0.5 miles
  • Five Ways Station0.7 miles
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About the agent

Genie Homes, Birmingham

1668 Bristol Road South Rubery Rednal Birmingham B45 9TY

Genie Homes, Birmingham

Genie Homes, based in Birmingham and the Black Country, are the areas most dedicated HMO and letting enthusiasts. Combining 50 years of property experience and an intimate knowledge of Birmingham's letting and HMO letting scenes, we go the extra mile to provide a quality service for investors, landlords and our tenants.

Situated in Longbridge, we have a team of knowledgeable and driven staff that cover all corners of the Birmingham market. Whether it's booking a viewing, asking for help

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Industry affiliations

Property Redress Scheme

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Disclaimer - Property reference 33199480. 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 Genie Homes, Birmingham. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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