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Outside, front of building
Reception room
Reception room
Kitchen
Kitchen
Office
Bathroom
Bathroom
EPC
1 of 9

Opportunity to buy a leasehold apartment in Ladywood, Birmingham

£209,000
Apartment
VES-B16-101

Features


USE
Residential

TENURE
Leasehold

PRICE
£209,000

RENT PER ANNUM
£8,880

GROSS YIELD
4.2%

2 bedrooms

2 bathrooms

1 reception room

636

Unfurnished

Tenanted

Leasehold Details

  • Length of lease: 125 years from March 2003

  • Ground rent: TBC

  • Service charge: TBC

Tenancy Details

  • Includes underground parking

Tenancy


RENT PER ANNUM
£8,880

TENANCY DEPOSIT
£1,100

TENANCY TYPE
AST

TENANCY AGREEMENT STARTED
over 3 years ago

TENANCY AGREEMENT ENDS
5/16/2019

Floorplans

Floorplan

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Birmingham, West Midlands

Birmingham is the second largest city in the UK and boasts a population close to four million and is still growing rapidly. This metropolitan city can be found in the West Midlands, around 120miles north west of London.

Due to its central location within the country, Birmingham has fantastic travel routes via the motorway, rail and even canal networks. Major motorway routes such as the M5, M6, M40 and M42 all pass through Birmingham connecting it to all parts of the nation.

Birmingham has a busy extensive rail network system. The busiest station is Birmingham New Street, which is actually the busiest station outside of London and offers Virgin fast trains to London Euston, Glasgow Central and Edinburgh Waverley.

Also, soon to be home to the High Speed 2 rail link, which will stop at Birmingham’s Curzon Street railway station and offer a service to central London in under 50minutes as well as other routes around the country. Travelling around within the city couldn’t be easier as Birmingham has one of the busiest urban rail systems and urban bus systems outside of London, capable of taking you to any desired location in and around the city.

Birmingham is home to many amazing job opportunities through many well-known employers, such as; National Express, Lloyds Banking Group, RBS, Whitbread, Jaguar and Rolls Royce to name a few.

This location could be perfect for a young family looking for local education options. The apartments are a convenient 5minute walk from St Thomas Children’s Centre and less than ten minutes from two other co-ed primary schools; St Thomas C of E Academy and Saint Catherine of Siena Roman Catholic Primary School.

Birmingham is home to five major universities and has the highest population of students in higher education outside of London.

Morville Street,

Birmingham,

West Midlands,

England,

B16 8FJ


Performance

GROSS RENTAL YIELD
4.2%
RENT PER ANNUM
£8,880
HPI GROWTH (5 YRS)
30.9%

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