City Heights, Old Snow Hill, Birmingham, B4
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Refurbished Throughout
- 3rd Floor
- Electric Heating
- Off Road Parking
- Open Plan Lounge/Kitchen
- Intercom Entry System
- Passed EWS1 Cladding Certificate
- Currently Tenanted At £1,250pcm (8.3% Yield)
- Suitable For First Time Buyers Or Investors
- On-site Caretaker
Description
The property is currently tenanted and achieving £1,250pcm which gives an amazing 8.3% yield.
ROOM SIZES:
Hallway
Store Cupboard
Open Plan Lounge/Kitchen: 22' 5" x 10' 5" (6.83m x 3.18m)
Bedroom One: 12' 3" x 10' 0" (3.73m x 3.05m)
Bedroom Two: 12' 3" x 6' 6" (3.73m x 1.98m)
Bathroom: 6' 4" x 6' 2" (1.93m x 1.88m)
WHAT THE OWNER SAYS:
"I decided to buy in City Heights due to its prime location right next to the Colmore Business District. I recognised this was the place to be in the city centre and that apartments in this location are in high demand. The building has an on-site caretaker who is very helpful whenever I have needed any assistance and there's also a WhatsApp group that residents and owners can join and has contributed to the community feel within the building. When I bought the apartment it was in poor condition so I completed a full renovation including a new kitchen, bathroom, doors and flooring. I currently let the apartment and it has always attracted good professional tenants, is always in demand and gives a good return. I have been fortunate that when one tenant moves out a new one has moved in soon after, minimising any void period."
LEASEHOLD INFORMATION:
Service Charge - £2,459 pa
Insurance - £481 pa
Ground Rent - Zero
Lease Length - 125 years from 29 September 1998
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.
The seller of this property is a Director of Martin & Co.
Brochures
Key facts for buy...- 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.
- Off street
- 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.
- Ask agent
City Heights, Old Snow Hill, Birmingham, B4
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Visit our security centre to find out moreDisclaimer - Property reference 100714019404. 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 Martin & Co, Birmingham City. 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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