£170,000

1 bed flat for sale

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Leasehold

Offers in region of

£170,000

(£267/sq. ft)

1 bed flat for sale

Essex Street, Birmingham B5

1 bed
1 bath
1 reception
636 sq. ft
EPC rating: C

Key Information

Tenure:
Leasehold (120 years)
Service charge:
£2,800 per year
Council tax band:
C
Ground rent:
£300
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • St Catherine of Siena Catholic Primary School 0.2 miles
  • St Thomas CofE Academy 0.3 miles
  • Birmingham New Street 0.3 miles
  • Birmingham Moor Street 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Birmingham to find out more about the local area.

Features and description

  • Leasehold
  • 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.
  • Lift access
**** 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 flat 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, 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 flat 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

There are some planning applications within 0.5 miles of this home

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Property descriptions and related information displayed on this page are marketing materials provided by - Genie Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Genie Homes for full details and further information.

  1. Zoopla
  2. For sale
  3. West Midlands
  4. Birmingham
  5. Birmingham City Centre
  6. Essex Street

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